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The keyword is deferral
Capital gains tax kicks in if you hold an asset for at least one year plus one day or 12 months plus 1 day
Otherwise it’s taxed as ordinary income.
Shohei Ohtani is deferring 680 million for at least 10 years lol
The keyword is deferral
Capital gains tax kicks in if you hold an asset for at least one year plus one day or 12 months plus 1 day
Otherwise it’s taxed as ordinary income.
Shohei Ohtani is deferring 680 million for at least 10 years lol