Tax should be yearly. But based on the change in capital gains, not the absolute amount. Then losses can also be considered (and offset).
Any sale or transfer of equity creates a valuation (even paying equity as salary). Just have to watch for loopholes. E.g. Make it volume weighted so that the CEO doesn’t sell 1 share to his wife for $0.01.
Taxing unrealized capital gains is not difficult. There just needs to be a politician with enough balls to implement it.
Tax should be yearly. But based on the change in capital gains, not the absolute amount. Then losses can also be considered (and offset).
Any sale or transfer of equity creates a valuation (even paying equity as salary). Just have to watch for loopholes. E.g. Make it volume weighted so that the CEO doesn’t sell 1 share to his wife for $0.01.
Taxing unrealized capital gains is not difficult. There just needs to be a politician with enough balls to implement it.