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Ok, and on the 2nd the price crashes, company goes bankrupt, stock is worth zero. You were taxes on theoretical value that you can't sell at to pay that tax. W
by sofixa 7mo ago
Ok, and on the 2nd the price crashes, company goes bankrupt, stock is worth zero. You were taxes on theoretical value that you can't sell at to pay that tax.
What then?
- BrenBarn 7mo agoFor me, a lot of these issues become immaterial if the threshold is high enough. If the threshold for a particular tax is assets over $100 million, or a billion, then the answer can just be "you are totally screwed" and I'm basically fine with that. If you don't want that risk, just don't get that rich.