Wednesday, March 16, 2011

San Francisco Wants to Tax Stock Options, and Has Statutory Authority Already

Few people are aware the San Francisco has had a tax provision in its municipal code since 2004 that requires companies to pay a payroll tax on gains from employee stock options, says Sarah Lacy of TechCrunch. No one pays it, she says, and San Francisco hasn’t enforced it to date, but companies are becoming increasingly agitated that the city may change that policy at any time.

No comments:

Will Generative AI Follow Development Path of the Internet?

In many ways, the development of the internet provides a model for understanding how artificial intelligence will develop and create value. ...