RE: uvagrad:
in response to
by
posted on
Nov 18, 2007 04:55AM
Way beyond my expertise, but my understanding is that many private equity/VC funds pay the 15% tax rate on both cap gains and ordinary income ("carried interest").
I've no idea if Swartz's fund has losses against which to offset PTSC gains, but if they do, it would be logical to sell enough PTSC to soak up those losses.