Re:IRS records reveal how the wealthiest avoid income tax
by rileymat2 on Tuesday June 08, 2021 @09:40AM
(#27435044)
> But....shares are useless until sold.
I think there are high profile cases of founders getting low interest loans with the shares as collateral. This allows spending of the money without losing control or paying taxes now.
I think there are high profile cases of founders getting low interest loans with the shares as collateral. This allows spending of the money without losing control or paying taxes now.
So, no they are useful before they are sold.