Securities tax, payable in shares of the security. 1% of all stocks, bonds, and other financial instruments transferred to the IRS annually, to be auctioned slowly over time. The first $10 million held by a natural person may be exempted from this requirement. No exemptions for artificial “persons”.
Securities tax, payable in shares of the security. 1% of all stocks, bonds, and other financial instruments transferred to the IRS annually, to be auctioned slowly over time. The first $10 million held by a natural person may be exempted from this requirement. No exemptions for artificial “persons”.