Wow what BS. . If one looks at the treasury equity it's as you say tax's not paid for a purchase contract on goods sold. Under any contract that is underwritten from a lending institution the remaining contract is represented by the purchase taxs still owed on the purchase minus any capital costs still to be paid.
Money lent is also taxable. This taxable amount adds up too 50% of the cost of the goods or in this case equity sold. The seller can repurchase the equity and forward split the equity to support the tax's already paid by the investing public.
This is not rocket science stuff. The information is out there and everyone owes it to them selfs to source the truth out.
Keep in mind any gains from the repurchase and selling of the said equity goes back to the shareholders minus any equity repurchased and cancelled i.e. diluting the sellers interest and upping the charges per share too the purchaser often reflected in a reversal of the shares issued.
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