Libby: Founders can multiply QSBS tax exemptions to $25M using trusts
Billy Libby · Billy Libby – Disruptive Venture Funding at Upper90 (Capital Allocators, EP.251) · May 23, 2022 · at 35:45
Billy Libby, co-founder and CEO of Upper90, explains how his firm provides capital markets and tax structuring advice to portfolio startup founders.
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“Well, you can set up five trusts. And get five times a QSPS exemption. And then upon exit, you can roll them into one entity. So just think about that. Like you have a five million dollar tax free gain or a twenty five million dollar tax free gain.”
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