The tax only applies to realized gains. As long as they aren't selling their shares they aren't being taxed. They can also sometimes contribute the shares to tax advantaged vehicles (remember Romney having $101 million…
I like this idea and my understanding is that they have a similar rule here in Germany.
I wonder about the state owned investment funds and if there is a parallel to state owned factories. Norway has a giant sovereign wealth fund built off of its oil industry, but does it perform as well as a private fund…
The tax only applies to realized gains. As long as they aren't selling their shares they aren't being taxed. They can also sometimes contribute the shares to tax advantaged vehicles (remember Romney having $101 million…
I like this idea and my understanding is that they have a similar rule here in Germany.
I wonder about the state owned investment funds and if there is a parallel to state owned factories. Norway has a giant sovereign wealth fund built off of its oil industry, but does it perform as well as a private fund…