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Also don't forget US tax lawSomeone explained it in a...

  1. nwad
    99 Posts.
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    29/09/23
    18:15
    Post #: 70104758
    Also don't forget US tax law

    Someone explained it in a thread the other day

    If i read it correctly he would have to pay tax regardless of selling stock on the difference between the conversion price and market price at time of conversation.

    So a good portion will go to the US taxman, he basically had to sell some to cover this.
    4DS Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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