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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?

To: Edwin S. Fujinaka who wrote (4497)	3/17/2000 10:46:00 AM
From: barbie13607	Read Replies (1) \| Respond to of 6018

Tax question : Excerpts from the Article answer the question: "Investors would be pleased to hear how the company intends to get round this (tax) problem," Son has changed course again, investing in Internet start-ups outside America, many of them sister companies of his American investments... To cap it all, Softbank has announced the launch of new Internet investment vehicles for Asia, Europe and Latin America... Having been asked half a dozen times about tax liabilities, he responds with a question of his own: "Why do we have to realise our capital gains in Japan?...As long as we keep our money outside Japan, we are OK." That is a bizarre comment from the finance director of a firm that plans to make Internet investments in Japan, and that would be expected to realise gains for its shareholders. IMO the foreign corporations formed and owned by SFTBF will realize the tax gains in their respective countries. As long as these funds are held and allocated (to other start-ups) from the foreign accounts it will not be subjected to double tax. So, the question remains "How do shareholders realize gains?" Shareprice appreciation is fine with me. But I am wondering if SFTBF will provide us with a windfall of IPO participation. TeraBeam to IPO this year would certainly be a great start. SFTBF's holding in TeraBeam is through Softbank Venture Capital is headquartered in California and there would be no double tax problems. Anyone else having wild fantasies along these lines???? Venture Capital Site: sbvc.com