|
They're going to have to pay capital gains on that full amount though. I heard that if the team was sold after he died (he's got cancer), that capital gains would only have to be paid on the profit over the new assessed amount at the time transfer. So now he's going to have to pay capital taxes on $2 billion, but if the team was sold after he died it would probably be assessed at ~$1b to 1.5b so the estate would save hundreds of millions.
Not a bad problem to have though, heh, but still.
|