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by insta_anon
1832 days ago
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> But....shares are useless until sold. Even if you have 1BN worth of shares it means nothing until you actually sell them/trade them? In fact, they could be worth nothing next week, how can you be taxing someone on a hypothetical sale value? Germany does something similar: https://de.wikipedia.org/wiki/Wegzugsbesteuerung (unfortunately only in German). Basically your tax advisor agrees with the government on a "fair" valuation and you are taxed on a 'fictions sale' when you cease to be a German tax resident and hold more than 1% shares in a company. |
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