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re: Who sets the price for the forced sell of the Clippers?
Posted on 5/1/14 at 3:38 pm to htran90
Posted on 5/1/14 at 3:38 pm to htran90
1 billion - 12.5 mil =987,500,000 x .33 = 325,875,000 in taxes
if he dies and wills the team and it appraises for 700mil
1 billion - 700 mil = 300mil x .33 = 99,000,000
so delta of 225 mil
if he dies and wills the team and it appraises for 700mil
1 billion - 700 mil = 300mil x .33 = 99,000,000
so delta of 225 mil
1
Posted on 5/1/14 at 3:46 pm to theBeard
quote:
1 billion - 12.5 mil =987,500,000 x .33 = 325,875,000 in taxes
if he dies and wills the team and it appraises for 700mil
1 billion - 700 mil = 300mil x .33 = 99,000,000
so delta of 225 mil
Where do you keep getting 33%?
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