tax code

2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Aug 5, 2021 by Josh Lee · across every show →

Everything said about tax code, oldest first

Aug 5, 2021 positive
Insight
Constant regulatory changes make the tax code ideal for software automation
“And so I think tax is one of those areas that, that we feel are most conducive for software, right? Because the tax code, internal revenue code changes all the time. And it actually makes a lot of sense to, you know, to change and program that at the top level…”
Josh Lee Aug 5, 2021 ▶ 11:47 Ardius Finds $500m in Tax Credits for Startups, Exits to Gusto
Apr 5, 2023 negative
Insight
Peck: M&A asset purchases impose 50% capital gains cost on sellers
“Unfortunately, buyers are set up so that they want to do an asset purchase, and an asset purchase then results in a 50% capital gains cost for the sellers. So, interestingly enough, our tax code is not designed to be particularly conducive to M&A.”
Valerie Peck Apr 5, 2023 ▶ 7:17 Acquired! Why She Sold her Bootstrapped $800k ARR Company for $3m
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