7 ms·

This is capital gains, meaning 15-20% in taxes. Nowhere near half.

• bagels 2y ago
  20% + 10% state income tax for many here
• tradertef 2y ago
  Why is it capital gains?
  • lionhead 2y 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.
    • rexreed 2y ago
      Asset Purchase Agreements are taxed primarily as income. Only a sale of the company ownership or equity would be taxed differently