/biz/ - Business & Finance

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Anonymous Fri Sep 30 16:16:40 2016 No.1534504 [Reply] [Original]

I just got a 20k RSU bonus from the startup I work at valued at $0.01 per share. CEO said it's to minimize my tax burden or something and that the IRS might not like it but we'll try anyways. I know the real valuation of the company and it's higher than a penny a share.

What did he mean by that though? How would undervaluing the shares I'm getting help with my taxes?

>>	Anonymous Fri Sep 30 16:47:01 2016 No.1534572 bumping

>>	Anonymous Fri Sep 30 17:13:09 2016 No.1534644 should've asked your ceo bro

>>	Anonymous Fri Sep 30 17:14:23 2016 No.1534647 He's giving you shit stock instead of paying you

>>	Anonymous Fri Sep 30 17:16:53 2016 No.1534654 >>1534504 cuz ull pay capital gains if u hold it numbnuts

>>	Anonymous Fri Sep 30 17:17:54 2016 No.1534664 >>1534504 >>1534654 and it's so he doesn't have to pay the payroll tax, dumbshit

>>	Anonymous Fri Sep 30 18:15:00 2016 No.1534866 >>1534664 this

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