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wallawe
745 days ago
This is capital gains, meaning 15-20% in taxes. Nowhere near half.
2 comments
bagels
745 days ago
20% + 10% state income tax for many here
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tradertef
745 days ago
Why is it capital gains?
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lionhead
744 days ago
Because he is either selling his shares in the company, or the individual assets owned by the company, either way it should be taxed as capital gains.
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rexreed
744 days ago
Asset Purchase Agreements are taxed primarily as income. Only a sale of the company ownership or equity would be taxed differently
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