Subjecting companies to an annual tax on their value would create an incentive to keep companies private, because the firm#39;s value will be easier to manipulate. A tax on unrealised gains would probably lead to wealthy people keeping most of their wealth in privately owned assets. This reduces transparency and deprives others the chance to invest in growing companies
Subjecting companies to an annual tax on their value would create an incentive to keep companies private, because the firm#39;s value will be easier to manipulate. A tax on unrealised gains would probably lead to wealthy people keeping most of their wealth in privately owned assets. This reduces transparency and deprives others the chance to invest in growing companies Subjecting companies to an annual tax on their value would create an incentive to keep companies private, because the firm#39;s value will be easier to manipulate. A tax on unrealised gains would probably lead to wealthy people keeping most of their wealth in privately owned assets. This reduces transparency and deprives others the chance to invest in growing companies Moneycontrol Latest News Read More
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