Re:Bezos donates $100M each to CNN contributor Van Jones and...
by robotresearcher on Wednesday July 21, 2021 @04:26PM
(#27911692)
Yes, in practice there are more tax sidesteps via foundations, etc. But the step that wipes the capital gains liability is as described.
Those unrealized gains you're talking about are one of the main reasons the estate tax was enacted ~100yrs ago...