ThinkProgress: Scaramucci got fired and it will cost him millions
Lawyers for recently ousted White House Communications Director Anthony Scaramucci confirmed to CNN that he will pay capital gains taxes on the sale of his hedge-fund, Sky Bridge Capital.
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“The law is quite clear about the tax relief issue. The tax code defines who’s an ‘eligible person.’ Only a current employee, a spouse, a minor child, or a trust for one of them can get a Certificate of Divestiture,” said Walter Shaub, former director of the Office of Government Ethics (OGE), the agency which issues certificates of divestitures. “If he’s no longer an employee he’s no longer eligible to get one.”