51. The Freshstart Venture Capital Corp. is unique among publicly traded companies in offering shareholders a way to defer capital gains taxes on their other investments. 52. The law also allows the owners of real estate to defer capital gains taxes if they accept units of partnerships sponsored by a REIT. 53. The owner of the policy defers taxes on the annual payment by the insurer to the investment account. 54. These taxes can be deferred indefinitely if reinvested overseas. 55. They also have the potential for huge tax savings, since the cash builds up in the policy while taxes are deferred. 56. They point out that the provision does not cost the U.S. Treasury any money, it only defers taxes. 57. They promise to blend the advantages of a mutual fund with a tiny life insurance policy so you can defer federal taxes on all the gains until retirement. 58. This allows sellers to defer paying taxes on any gain they would otherwise have to pay if they sold their properties for cash or stock. 59. To that end, the company wants to increase its sales of annuities, which let Americans defer taxes on money they set aside for retirement. 60. Under the plans, employees can earmark part of their pre-tax income for investment, deferring taxes until the money is withdrawn after retirement. |