Re:Peter Thiel’s $5B Roth IRA Tax Haven Is the Hottest New I...
by vmception on Monday July 05, 2021 @11:13PM
(#27743910)
Yes, you can use that logic, its up to you to make that valuable. Unless you have a market of VCs or massive liquidity lined up it is a big and bad bet.
The other side of the logic is that the ownership percentage can be bound to the tax year instead of just the moment of the transaction. So you would be using an average % ownership which could have changed rapidly.
And of course there is the simple reality that he paid a $2000 fine
The financial engineering has always been available, obviously for 20+ years, many people just hadnt been inspired to do it until now. There are plenty of similar possibilities available that considers multiple state paths of value to generate massive returns.
The other side of the logic is that the ownership percentage can be bound to the tax year instead of just the moment of the transaction. So you would be using an average % ownership which could have changed rapidly.
And of course there is the simple reality that he paid a $2000 fine
The financial engineering has always been available, obviously for 20+ years, many people just hadnt been inspired to do it until now. There are plenty of similar possibilities available that considers multiple state paths of value to generate massive returns.