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So you create a startup. - The first year it has 10k€ ARR. - So it is worth 100k€. You must my pay 30k€ in capital gains taxes. Like this, every year? Every
by eastbound 2y ago
So you create a startup.
- The first year it has 10k€ ARR.
- So it is worth 100k€. You must my pay 30k€ in capital gains taxes.
Like this, every year? Every time it has more revenue, it multiplies its future worth, therefore multiplies it FMV, therefore you must pay the CG on the multiple of your income?
- cperciva 2y agoOnly if there is a "deemed disposition". Which in most cases happens when the owner dies. You probably don't need to worry about this happening multiple times.