> For the complete documentation index, see [llms.txt](https://rhys-nemo.gitbook.io/tokenomics-bible/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://rhys-nemo.gitbook.io/tokenomics-bible/vcs/ben-tax-writeup.md).

# Ben tax writeup

<https://carta.com/blog/what-is-a-409a-valuation/>

Option to buy equity at a later date $1 - @1 million

Working in an active assets - second 50% discount

Check out family trust

Roll over to another active asset - super

Very difficult to liquidate squirt

Sale -> Family trust -> 50% cap gains discount after 12 months -> another 50% discount for working on the invesment

You can then roll this over to another active asset (ie super) & not pay any tax