Upvoting for recognizing the double taxation but saying that is addressable.
Sure, you can get a credit later for repayment, suggesting that you paid the tax on other income. In the mean time, it’s effectively a 0% loan to the government between borrowing against the wealth and getting a credit for loan payment.
Upvoting for recognizing the double taxation but saying that is addressable.
Sure, you can get a credit later for repayment, suggesting that you paid the tax on other income. In the mean time, it’s effectively a 0% loan to the government between borrowing against the wealth and getting a credit for loan payment.