Berkshire Hathaway Could Face Big Tax Hit if Bull Market Resumes

Berkshire Hathaway

might face a large tax invoice if the bull market resumes this 12 months.

Ever since a 15% company minimal tax was included within the Inflation Discount Act in 2022, there was uncertainty about whether or not firms would owe taxes on paper earnings, or unrealized capital beneficial properties, on shares beginning this 12 months. The remedy has lengthy been that these paper earnings created a deferred tax legal responsibility that’s solely paid when the shares are bought, and the earnings realized.

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