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California’s counting on an IPO tax windfall. Several factors are complicating the equation
State tax officials expect gains from employee stock vesting and share sales, but analysts say pre-IPO sales and compensation rules may reduce the windfall.
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3 Articles
California expected a tax bonanza from AI IPOs. Modern compensation structures may blunt the windfall.
SpaceX is now valued at $2.5 trillion. OpenAI and Anthropic are expected to go public later this year at valuations approaching $1 trillion each. California, where all three companies are based or have significant operations, should be looking at the largest IPO tax windfall in state history. The reality may be more complicated. Facebook’s 2012 […] This story continues at The Next Web
·Amsterdam, Netherlands (Kingdom of the)
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Coverage Details
Total News Sources3
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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