> This is a massive tax break for the wealthy. Do you have a reference for this?... | Hacker News

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		temp2441139 65 days ago \| parent \| context \| favorite \| on: Netherlands – Capital Growth Tax and Capital Gains... > This is a massive tax break for the wealthy. Do you have a reference for this? Any sort of gift or inheritance transfers the cost basis as far as I know.

jmyeet 65 days ago [–]

Um, I don't know what information you're getting but this is easily Googleable eg [1]:

> The tax basis of property acquired by a beneficiary from someone who dies is ordinarily the property's fair market value at the date of the decedent's death.

[1]: https://www.fidelity.com/learning-center/personal-finance/wh...

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