Actors had sliced it up into capital gains. Source: Internet
And when they do pay capital gains tax, it's at half the rate of income tax. Source: Internet
At the time it was orally expressed that before the final settlement, taxation advice should be sought as such a large transfer of property would trigger capital gains taxes. Source: Internet
Butterfield is also set to receive just over $1 billion in cash for his Slack shares, but he’ll likely pay an estimated $390 million in state (California) and federal capital gains tax, netting him about $660 million. Source: Internet
$250,000 of capital gains from the sale of your primary residence (or $500,000 for a couple) are exempted from capital gains taxation. Source: Internet
Dietrich agreed to go to Texas to implement the plan on the condition that Hughes agreed to a capital gains arrangement he had long promised Dietrich. Source: Internet