Inheritance Tax
topic on 3 shows · 3 statements across 3 episodes
WTF is with Nikhil Kamath 
Sourcery 
Capital Allocators
3 statements about Inheritance Tax, every show
UK expat tax reform triggered flight by exposing full global balance sheets
“In London though when they sort of got rid of the expat sort of benefits and a hundred percent of your wealth could come under the 40% inheritance tax they have in the UK, that caused the problem because the entire balance sheet of someone's life or worth woul…”
Sharma: Only five or six countries globally levy an inheritance tax
“I think five or six countries in the entire world where inheritance tax still exists.”
Japanese Family Firms Suppress Valuations to Reduce Inheritance Taxes
“Being listed and managing it with cash on the balance sheet is our way of handing the company off to the next generation. And if we can do that at .6 price to book, we save 40 cents on the dollar in terms of the inheritance tax.”