[lhpz]

A stock retains value even without producing dividends. Allowing wealth tax payments in the form of stock, rather than cash, addresses the liquidity issue, especially for large family-owned companies. The challenge lies in accurately valuing the stock for private companies, but that's where finance experts come in ! Furthermore, an agreement between the taxpayer and the wealth fund could accompany the transaction, including terms like holding the stock for a specified number of years, buyback preferences, or limited voting rights. At a discount on the stock price.

Given the financial and legal complexities, as well as the challenges in standardizing the process, this would only apply to payments of a highly substantial amount. But one could argue that these individuals are no longer equal to others in terms of their tax obligations, as they have some ability to negotiate to a certain extent. That's probably the main problem.

Just thinking out loud !