How shareholders of this Chinese tech giant may be a 'problem' for Donald Trump’s TikTok deal
Donald Trump's TikTok deal faces a hurdle as major US investors in ByteDance, like Jeff Yass, worry about tax implications and congressional backlash if forced to sell their stakes. These shareholders hope to transfer their shares into the new US TikTok entity, potentially avoiding capital gains taxes.
Donald Trump's TikTok deal faces a hurdle as major US investors in ByteDance, like Jeff Yass, worry about tax implications and congressional backlash if forced to sell their stakes. These shareholders hope to transfer their shares into the new US TikTok entity, potentially avoiding capital gains taxes.
