Comments on: What The Government Should Do With $1 Billion http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html Tue, 14 Feb 2012 01:23:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sara http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html/comment-page-1#comment-16179 Sara Wed, 23 Sep 2009 17:42:57 +0000 http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html#comment-16179 I think the post above made some interesting points, on a related side note I found a used version ofTax Research which is directly related to this topic for lessthan the bookstores at http://www.belabooks.com/books/9780136015314.htm I think the post above made some interesting points, on a related side note I found a used version ofTax Research which is directly related to this topic for lessthan the bookstores at http://www.belabooks.com/books/9780136015314.htm

]]> By: Invest in the venture system, not venture capitalists. | Unstructured Thoughts by Taylor Davidson http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html/comment-page-1#comment-11372 Invest in the venture system, not venture capitalists. | Unstructured Thoughts by Taylor Davidson Fri, 27 Feb 2009 17:46:56 +0000 http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html#comment-11372 [...] this article stirred up a little debate as Fred Wilson, Roger Ehrenberg, Alan Patrick, Don Dodge, Brad Feld, Tom Evslin and others (including many, many insightful commenters) entered the scene with a range [...] [...] this article stirred up a little debate as Fred Wilson, Roger Ehrenberg, Alan Patrick, Don Dodge, Brad Feld, Tom Evslin and others (including many, many insightful commenters) entered the scene with a range [...]

]]> By: Brad Feld http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html/comment-page-1#comment-11354 Brad Feld Tue, 24 Feb 2009 23:22:08 +0000 http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html#comment-11354 Totally agree. Totally agree.

]]> By: Brad Feld http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html/comment-page-1#comment-11355 Brad Feld Tue, 24 Feb 2009 23:22:08 +0000 http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html#comment-11355 Totally agree.<br /> Totally agree.

]]> By: John Ives http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html/comment-page-1#comment-11353 John Ives Tue, 24 Feb 2009 22:29:36 +0000 http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html#comment-11353 I think the five year holding period is reasonable too. But a problem is that an acquisition by an out-of-state entity within the five year holding period will disqualify the gain. If the State could fix this aspect and increase the Subtraction so the net (Fed + CO) capital gains tax is near zero, then I'd take this approach over the distorting effects of a tax-payer sponsored investment on the front end (HB 1105). It is strange that CO HB 1105 does not have a holding period. I think the five year holding period is reasonable too. But a problem is that an acquisition by an out-of-state entity within the five year holding period will disqualify the gain. If the State could fix this aspect and increase the Subtraction so the net (Fed + CO) capital gains tax is near zero, then I'd take this approach over the distorting effects of a tax-payer sponsored investment on the front end (HB 1105). It is strange that CO HB 1105 does not have a holding period.

]]> By: bfeld http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html/comment-page-1#comment-11344 bfeld Tue, 24 Feb 2009 12:29:03 +0000 http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html#comment-11344 Hah!  I guess I need to nominate you and – given that most committees are useless – you’ll decline! Hah!  I guess I need to nominate you and – given that most committees are useless – you’ll decline!

]]> By: fred wilson http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html/comment-page-1#comment-11343 fred wilson Tue, 24 Feb 2009 11:09:11 +0000 http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html#comment-11343 hey, no fair appointing me to a committee when i was not looking! hey, no fair appointing me to a committee when i was not looking!

]]> By: bfeld http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html/comment-page-1#comment-30477 bfeld Tue, 24 Feb 2009 05:29:04 +0000 http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html#comment-30477 Hah!  I guess I need to nominate you and – given that most committees are useless – you’ll decline! Hah!  I guess I need to nominate you and – given that most committees are useless – you’ll decline!

]]> By: bfeld http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html/comment-page-1#comment-11338 bfeld Tue, 24 Feb 2009 04:44:05 +0000 http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html#comment-11338 Actually, I think the five year holding period is reasonable.  This forces it to be a real investment gain vs. a speculative gain. Actually, I think the five year holding period is reasonable.  This forces it to be a real investment gain vs. a speculative gain.

]]> By: John ives http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html/comment-page-1#comment-11334 John ives Tue, 24 Feb 2009 02:43:08 +0000 http://www.feld.com/wp/archives/2009/02/what-the-government-should-do-with-1-billion.html#comment-11334 Disclaimer: John is not a tax accountant or attorney. Please contact your tax adviser for more specific information :) Here's the general rule: For tax years beginning on or after January 1, 1999, qualified taxpayers can subtract from the federal taxable income reported on their Colorado income tax return qualifying net capital gains on assets acquired on or after May 9, 1994 and held for at least five years. Qualifying attributes: 1. Some special treatment for "Installment Sales" 2. "Pass-through" entities generally qualify 3. Hold interest for at least 5 years 4. Entity must have >50% of its "property" and >50% of payroll assigned to locations in CO. 5. No carry forward. Understanding the net impact to an individual's (i.e. an angel's) tax situation might also depend on the federal small company cap gains tax treatment. Disclaimer: John is not a tax accountant or attorney. Please contact your tax adviser for more specific information :)

Here's the general rule: For tax years beginning on or after January 1, 1999, qualified taxpayers can subtract from the federal taxable income reported on their Colorado income tax return qualifying net capital gains on assets acquired on or after May 9, 1994 and held for at least five years.

Qualifying attributes:
1. Some special treatment for "Installment Sales"
2. "Pass-through" entities generally qualify
3. Hold interest for at least 5 years
4. Entity must have >50% of its "property" and >50% of payroll assigned to locations in CO.
5. No carry forward.

Understanding the net impact to an individual's (i.e. an angel's) tax situation might also depend on the federal small company cap gains tax treatment.

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