@feld @dcjohnson Taxation on the realisation of a gain. When do gains get realised? Using asset value for a loan realises the gain. “Unsecured” loans more than $X are money laundering/tax evasion. Is it workable? No idea.
@feld @dcjohnson Taxation on the realisation of a gain. When do gains get realised? Using asset value for a loan realises the gain. “Unsecured” loans more than $X are money laundering/tax evasion. Is it workable? No idea.
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