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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.
by 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 agoAsset Purchase Agreements are taxed primarily as income. Only a sale of the company ownership or equity would be taxed differently