On Wed, 25 Jan 2023 10:34:51 +1100 flywire <flywi...@gmail.com> wrote:
> I doubt your jurisdiction is that naive. I'd expect you'd pay tax on > the $25k capital gain on disposal and your son would have a $30k > basis price. I agree, you gave your son the equivalent of $30K, and you get to pay tax on the capital gain. However if your jurisdiction sees it as your son paying the capital gain, then you gave him $5K in your books. Liz _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
