Comment on Brian Armstrong sold $291.8M in Coinbase shares on opening dayComments−jcims5yGood for him IMHO. Anyone in here know how capital gains work with that kind of sale? Would he be taxed on the full amount?−ant6n5yDon't people at this level not use trust funds or some such, some kind of entity which owns the shares. The entity in turned is owned by the person, but as long as they don't get the money, there are little tax consequences for selling.
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Good for him IMHO. Anyone in here know how capital gains work with that kind of sale? Would he be taxed on the full amount?
Don't people at this level not use trust funds or some such, some kind of entity which owns the shares. The entity in turned is owned by the person, but as long as they don't get the money, there are little tax consequences for selling.