Would Every Wealthy Person Need an Annual Valuation?
The objection pictures everyone valuing everything they own once a year. About 22,000 people in Britain hold net wealth above ten million pounds, and everyone else files nothing.
How Do You Value a Private Company?
Unlisted businesses have no market price, which is said to put them beyond a wealth tax. Spain, Norway and Switzerland each already put a number on them, and each pays a different price for doing so.
