Quote from Maverick74:
Oh man, I need to find some aspirin. Look, there is no gain. Period. He has a controlling interest in his fund just like LTCM and just like every other offshore hedge fund. As long as that money stays in the fund it is not subject to taxation because it is not personal income. Why the f*ck do you think there are like 10k offshore hedge funds? For the warm climate? LOL. Personal income is what he decides to pay himself out of the fund. I'm sure he pays himself a very modest salary.
Now you are getting it. Good boy. He is not evading taxes.