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Munger Donates $1.2M


Parsad

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mungerville, I think you are referring to when he gave a large amount of shares to his children.  He did this when the price was low (in late 2008 I believe) to reduce taxes.

 

Giving away shares is not a taxable event (for long term capital gains) and is a tax efficient way of giving to charity in the US.

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