If they are using the “unvested” assets for something, like getting a loan with them as collateral, then we should treat it as if they realized the gain.
If you use stock as collateral to get s $1mm loan, that should be treated as income.
If they then sell the stock and get taxed again… I don’t think I really care.
If they are using the “unvested” assets for something, like getting a loan with them as collateral, then we should treat it as if they realized the gain.
If you use stock as collateral to get s $1mm loan, that should be treated as income.
If they then sell the stock and get taxed again… I don’t think I really care.