The applicable rules are that unrealized capital gains (that is, price increases on unsold assets) are generally not taxable income, and that long-term capital gains are taxed at a low rate. Join us on Twitter and FacebookIn addition, Biden and Yellen want to raise the statutory corporate tax rate back to 28%, halfway to the pre-2017 rate, though they dont propose to tax unrealized capital gains. How can more than $2 trillion of corporate assets and some $159 billion of net income end up in these British islands when US companies hardly operate, produce, manufacture or export from them? In short, the international profits are magically assigned for tax purposes to a place with 0% corporate taxes. Overall, their plan for economic growth could raise the share of government revenues in GDP from 16.3% in 2021 to 19.9% in 2032.
Unrealized gains will result in an increase in skewed corporate tax rates.
( z0 result :ARG1 ( z1 gain :ARG1-of ( z2 realize ) ) :ARG2 ( z3 increase :ARG1 ( z4 rate :ARG1-of ( z5 skew ) :mod ( z6 tax :ARG3 ( z7 corporate ) ) ) ) )
(z0 / result-01
    :ARG1 (z1 / gain-01
              :ARG1-of (z2 / realize-02))
    :ARG2 (z3 / increase-01
              :ARG1 (z4 / rate
                        :ARG1-of (z5 / skew-01)
                        :mod (z6 / tax-01
                                 :ARG3 (z7 / corporate)))))
Unrealized gains will result in an increase in skewed corporate tax rates .
z1 :ARG1-of z2
z0 :ARG1 z1
z0 :ARG2 z3
z6 :ARG3 z7
z4 :mod z6
z4 :ARG1-of z5
z3 :ARG1 z4