• Republicans have removed the controversial part of the tax bill that had tech startups up in arms

    2 days ago - By Business Insider

    Members of the tech community were concerned about a provision in the Senate's tax bill that would've taxed stock options as soon as they vested.
    Many thought the tax bill as written would harm the growth of tech startups in the US.
    In a win for tech startups and VCs, the Senate removed the provision from the latest version of the bill on Tuesday night.
    Senate Republicans have removed a controversial portion of their tax reform bill Tuesday that would've taxed stock options and restricted stock units as soon as they vested, instead of when they are exercised.
    The proposal caused an uproar...
    Read more ...

     

  • Senate tax bill ditches stock option change after outcry from tech startups

    Senate tax bill ditches stock option change after outcry from tech startups

    2 days ago - By Los Angeles Times

    A revised Senate tax bill has ditched a change in the treatment of stock options after an outcry from technology startups. The original bill released last week proposed to tax stock options on the date they vest instead of when they are cashed in. Technology startups such as Hyperloop One, Airbnb,...
    Read more ...