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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: nola622   😊 😞
Number: of 15061 
Subject: Re: brk weakness caused by ,
Date: 08/13/2024 6:45 PM
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Barrons is reporting brk may owe 15 billion tax on its apple sales.


I know it may be shocking to some that realizing $73.7 Billion in taxable gains in the first six months of the year comes with a 20-21% cash tax bill, but don't feel too bad since Uncle Sam has to send $15 Billion of T-bill interest right back to Omaha over the course of a year.

It seems likely that Berkshire will owe more than $15 billion in cash taxes on the realized gains because they probably aren't finished selling. But 21% ain't bad if you're a trillionaire.
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