Biotech Values

[zipjet]

PFE

Best case for holders with large capital gains in taxable accounts is for the deal to break.

BUT IF it happens, and the holder has donative intent, they can gift the shares to a charity or charitable trust (to allow later direction of the gifts). They get the full value on the date of gifting as a deduction on their income taxes and they never recognize the gain.

This could be coupled with liquidating other huge LTCG holding to generate an offset to the large deduction.

Other posters will understand the details of this better than I do but I think the general idea is sound. It should be vetted by an expert before trying this and running proforma numbers through a tax program would help understand the result of various scenarios.