On: Berkshire Hathaway’s stock price is too high for N...

[quickthrowman]

Yes, but Berkshire’s stock transfer agent won’t handle the conversion from B to A. You sell them on the market and are taxed accordingly.

Their stock transfer agent will give you B shares in exchange for an A share, which is not a taxable event. It’s a mechanism to encourage arbitrageurs to keep the prices of the share classes in lockstep.

https://www.berkshirehathaway.com/brkshareholderinfo/compab....

[ahelwer → quickthrowman]

Wouldn't going from B to A count as a wash sale?

[calvinlh → ahelwer]

Yes, but that only stops you from claiming capital loss, you still pay taxes on gains