Top Silicon Valley investors and leading companies like Airbnb and Uber are beginning to mobilize against the U.S. Senate’s tax reform bill, fearing a provision that would change how employees get taxed on any shares they receive as part of their compensation.
The Senate measure, introduced last week, specifically would tax shareholders of private companies at the time that their shares are vested — so, when an employee formally acquires the...
Silicon Valley is Trying to Stop the U.S. Senate From Taxing Employees’ Stocks While Their Companies are Private
Top Silicon Valley investors and leading companies like Airbnb and Uber are beginning to mobilize against the U.S. Senate’s tax reform bill, fearing a provision that would change how employees get taxed on any shares they receive as part of their compensation.
The Senate measure, introduced last week, specifically would tax shareholders of private companies at the time that their shares are vested — so, when an employee formally acquires the...