nonpareil
DP Veteran
- Joined
- Dec 22, 2009
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. Most folks that start a business from scratch often have little to no basis in the stock of the company.
So you claim, do you have anything to back it up? Most people have to put up their own money as capital in returns for the equity. When calculating the basis for capital gain tax, who would be stupid enough to choose the lower value?
Your last comment says a lot about you.
You're entitled to your opinion, but you're not answering the question.