Pearl Fund Launches $500M Bitcoin Fund with Zero Capital Gains Tax
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https://bitcoinmagazine.com/news/pearl-fund-launches-500m-bitcoin-fund-with-zero-capital-gains-tax
The Pearl Fund has launched a $500 million Bitcoin investment fund (Pearl BTC) that allows accredited investors to completely eliminate capital gains taxes after holding their Bitcoin investment for 10 years. “Bitcoin’s biggest problem is capital gains tax. We’ve solved that,” said Brian P. Phillips, Managing Partner at The Pearl Fund and a Forbes-ranked top […]
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https://bitcoinmagazine.com/news/pearl-fund-launches-500m-bitcoin-fund-with-zero-capital-gains-tax