Tech start-ups fight Senate plan to change the way stock options are taxed - LA Times

Los Angeles Times| Tue Nov 14 10:00:50 EST 2017
Senate Republicans have touted their tax bill as business-friendly, but technology start-ups — including Hyperloop One, Airbnb, Uber and Vimeo — are fuming over a provision that would make a major change to how stock options are taxed. A key tool for start-ups to attract employees, stock options are currently taxed when they are cashed in. The Senate Republican tax bill unveiled last week would tax the options on the date they vest, meaning when the employee is allowed to begin cashing them in. The difference is significant because employees often hold on to their options, hopefully until those options’ value rises with the growth of the company. Under the proposed change, employees could fa..

Related Articles

Senate Republicans have touted their tax bill as business-friendly, but technology start-ups — including Hyperloop One, Airbnb, Uber and Vimeo — are fuming over a provision that wo....
Los Angeles Times| Tue Nov 14 10:00:50 EST 2017
A revised Senate tax bill has ditched a change in the treatment of stock options after an outcry from technology start-ups. The original bill released last week proposed to tax sto....
Los Angeles Times| Wed Nov 15 16:01:16 EST 2017
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 stoc....
Los Angeles Times| Wed Nov 15 07:00:59 EST 2017
SAN FRANCISCO (Reuters) - A proposal by the U.S. Senate to change the way shares in startup companies are taxed incited panic and dread in Silicon Valley on Monday, with startup fo....
Reuters| Tue Nov 14 04:43:44 EST 2017
THE TICKER That's what Gary Cohn -- one of the chief salesman of the Trump administration's sweeping efforts to overhaul the tax code -- told CNBC's John Harwood in an exceptionall....
Washington Post| Fri Nov 10 16:00:04 EST 2017
A key Senate Republican on Wednesday said he would not support the emerging GOP tax plan and another expressed major reservations about the bill, a thunderclap of trouble for party....
Washington Post| Wed Nov 15 13:41:02 EST 2017
House Republicans approved their sweeping tax-cut package Thursday, setting up a showdown with the Senate, where Republicans are struggling to win support for their own significant....
Los Angeles Times| Thu Nov 16 19:00:47 EST 2017
A gambit by Senate Republicans to make a large corporate tax cut permanent by having benefits for individuals expire at the end of 2025 created new problems for the legislation Wed....
Los Angeles Times| Wed Nov 15 13:13:42 EST 2017
As Republicans race to enact a tax overhaul this year, most of the focus has been on the cost of the cuts over the next decade. Under Senate instructions, the package can’t add mor....
Los Angeles Times| Mon Nov 13 16:00:54 EST 2017
As Republicans race to enact a tax overhaul this year, most of the focus has been on the cost of the cuts over the next decade. Under Senate instructions, the package can’t add mor....
Los Angeles Times| Mon Nov 13 13:00:53 EST 2017
House Speaker Paul D. Ryan opened the door Wednesday to delaying the implementation of a new 20% corporate tax rate — the cornerstone of President Trump’s plan — amid worries that ....
Los Angeles Times| Wed Nov 08 16:00:51 EST 2017
House Republicans released a sweeping tax overhaul Thursday that would limit or end many of the most popular tools used to minimize how much Americans owe— particularly in high-cos....
Los Angeles Times| Thu Nov 02 17:00:50 EDT 2017
Republicans have repeatedly noted that it’s been more than 30 years since Congress enacted a major tax overhaul — and within the span of a couple of hours this week, they unintenti....
Los Angeles Times| Fri Nov 10 13:53:41 EST 2017
The Finance Committee approved the bill along party line 14-12, with not one Democrat voting for it. Like the House measure, it would slash the corporate tax rate and reduce person....
CBS News| Thu Nov 16 22:00:23 EST 2017
House Republicans grappled Friday with the difficulty of turning their new tax plan into law, making a change that would make the proposal’s tax cuts for individuals less generous ....
Washington Post| Sat Nov 04 14:04:02 EDT 2017
WASHINGTON (Reuters) - Congressional Republicans pushed ahead on Monday on a U.S. tax code overhaul as a Senate panel considered the issue, but risks lay ahead with major intrapart....
Reuters| Mon Nov 13 16:00:03 EST 2017
Promoted as needed relief for the middle class, the Senate Republican tax overhaul actually would increase taxes for some 13.8 million moderate-income American households, a bipart....
ABC News| Mon Nov 13 13:00:40 EST 2017
While eliminating state and local tax deductions will "hurt in some places," it's something that has to be done, Sen. David Perdue, R-Ga., told CNBC on Tuesday. While the Senate Fi....
CNBC| Tue Nov 07 13:09:12 EST 2017
The Senate version of the Republicans' high-stakes tax overhaul is set to be unveiled with billions in tax cuts for people and corporations, repeal of the federal deduction for sta....
CBS News| Thu Nov 09 04:00:23 EST 2017
WASHINGTON (Reuters) - Unease among Republicans about a massive increase in the federal deficit could complicate passage of two tax-cut bills working their way through the U.S. Con....
Reuters| Fri Nov 10 13:05:02 EST 2017
The Senate tax plan set to be unveiled Thursday would delay and phase in a corporate tax cut, sources tell CNBC. The move contrasts with a bill working its way through the House an....
CNBC| Thu Nov 09 10:00:16 EST 2017
WASHINGTON (Reuters) - Rival Republican tax-cut plans were emerging in the U.S. Congress on Thursday that differed on issues such as cutting the corporate income tax, the deduction....
Reuters| Thu Nov 09 10:00:03 EST 2017
As they prepare to unveil their own sweeping tax plan, Senate Republicans are revisiting key provisions of the GOP House proposal, including possibly eliminating property tax deduc....
Los Angeles Times| Tue Nov 07 19:00:46 EST 2017
WASHINGTON — Republicans rammed a near $1.5 trillion package overhauling corporate and personal taxes through the House on Thursday, edging President Donald Trump and the GOP ....
CBS News| Thu Nov 16 10:39:22 EST 2017
President Donald Trump's plan for overhauling the U.S. tax system faced growing opposition from interest groups on Sunday. Republicans are preparing to unveil sweeping legislation ....
CNBC| Mon Oct 30 05:00:08 EDT 2017
A complicated excise tax proposed for the foreign transactions of multinational companies looms as potential problem for the House Republican tax bill. Conservative groups aligned ....
Los Angeles Times| Mon Nov 06 13:00:49 EST 2017
WASHINGTON (Reuters) - Republican lawmakers on Monday began revising their proposed overhaul of the U.S. tax code, as Democrats pointed to the loss of popular deductions as proof t....
Reuters| Mon Nov 06 19:17:03 EST 2017
Donald Trump’s first Health and Human Services secretary, Tom Price, was an ideological warrior, bent as the president is on repealing and replacing Obamacare, the signature domest....
Los Angeles Times| Mon Nov 13 16:13:43 EST 2017
WASHINGTON (Reuters) - U.S. Senate Republicans on Tuesday linked repealing a key component of Obamacare to their ambitious tax-cut plan, raising new political risks and uncertainti....
Reuters| Tue Nov 14 16:00:04 EST 2017
In a tweet from Manila, President Trump on Monday announced that he will nominate Alex Azar, a former pharmaceutical executive and healthcare official during the George W. Bush adm....
Los Angeles Times| Mon Nov 13 13:21:42 EST 2017
WASHINGTON (Reuters) - Republican lawmakers on Monday began revising their proposed overhaul of the U.S. tax code, as Democrats pointed to the loss of popular deductions as proof t....
Reuters| Mon Nov 06 16:00:03 EST 2017
WASHINGTON (Reuters) - U.S. Senate Republicans on Tuesday linked repealing a key component of Obamacare to their ambitious tax-cut plan, raising new political risks and uncertainti....
Reuters| Tue Nov 14 19:00:03 EST 2017
WASHINGTON (Reuters) - The head of the U.S. Senate Finance Committee proposed major changes to a Republican tax reform plan, adding a repeal of Obamacare’s health insurance mandate....
Reuters| Wed Nov 15 04:52:03 EST 2017
House Republicans on Thursday passed a monumental bill to cut taxes on businesses and individuals, the biggest step yet in the GOP's once-in-a-generation effort to overhaul the Ame....
CNBC| Thu Nov 16 10:07:11 EST 2017
WASHINGTON (Reuters) - The U.S. Senate is still on track to release on Thursday its version of a bill to overhaul the nation’s tax code, a congressional source told Reuters. Senate....
Reuters| Wed Nov 08 10:00:04 EST 2017
The Senate tax plan is not expected to include a controversial 20 percent excise tax on imports by multinational companies, according to three people briefed on the issue. The tax ....
CNBC| Wed Nov 08 10:00:21 EST 2017
The decision by a key House Republican to maintain the deduction for property taxes but not for other state and local taxes is a victory for California but a bigger win for residen....
Los Angeles Times| Tue Oct 31 11:00:58 EDT 2017
Chairman of House Ways and Means Committee Rep. Kevin Brady (R-TX) holds up a postcard size tax form during an event at the Newseum November 3, 2017 in Washington, DC. Republican l....
CNBC| Mon Nov 06 16:00:10 EST 2017

You May Also Like To Read

WASHINGTON (Reuters) - A Senate Republican tax plan that would repeal the Obamacare mandate and give permanent tax cuts only to U.S. corporations drew fire from two Republican lawm....
Reuters| Wed Nov 15 13:21:03 EST 2017
The Senate's latest tax plan would lavish billions of dollars in tax cuts on the wealthiest Americans but leave those at the bottom of the income ladder with higher taxes. That's w....
CNBC| Thu Nov 16 10:00:21 EST 2017
WASHINGTON (Reuters) - U.S. President Donald Trump urged lawmakers on Monday to slash the top tax rate paid by the wealthy and end the Obamacare individual healthcare mandate, even....
Reuters| Mon Nov 13 13:00:03 EST 2017
Wisconsin's Ron Johnson on Wednesday became the first Republican senator to say he opposes his party's tax bill, signaling potential problems for GOP leaders. Passage of a similar ....
CBS News| Thu Nov 16 04:00:24 EST 2017
WASHINGTON (Reuters) - Republicans plan to put a bill to overhaul the U.S. tax system to a vote in the House of Representatives next week, a senior lawmaker said on Tuesday as a to....
Reuters| Tue Nov 07 10:00:03 EST 2017
In a bid to make their proposed corporate tax cut permanent and avoid adding to the long-term deficit, Senate leaders are now proposing to have most of the expanded individual bene....
Los Angeles Times| Wed Nov 15 07:45:47 EST 2017
The Senate Finance Committee released its vision for a tax reform bill Thursday afternoon — a proposal that differs from the House of Representatives’ blueprint in several signific....
ABC News| Thu Nov 09 13:00:43 EST 2017
WASHINGTON (Reuters) - U.S. Senate Republicans unveiled a tax plan on Thursday that differed from legislation in the House of Representatives on several fronts, including how they ....
Reuters| Thu Nov 09 13:50:02 EST 2017
As a House committee on Monday pushed toward a vote on the Republican tax legislation, conservative groups aligned with the wealthy Koch brothers raised concerns about a complicate....
Los Angeles Times| Mon Nov 06 16:00:51 EST 2017
How would Americans fare under the Senate's plan? For the 572,000 or so taxpayers who earn more than $1 million per year, it would provide billions in lower payments to Uncle Sam o....
CBS News| Thu Nov 16 13:00:25 EST 2017
Republican Sen. Ron Johnson will oppose the Senate tax plan as written, his office confirmed Wednesday. The lawmaker from Wisconsin is the first GOP senator to explicitly say he wi....
CNBC| Wed Nov 15 13:00:13 EST 2017
A change made Friday to the House Republican tax bill could reduce the bill’s benefit to the middle class by tens of billions of dollars. The revised bill changes the way future up....
Washington Post| Sat Nov 04 14:04:03 EDT 2017
One powerful group was noticeably scarce from the flurry of activity inside the congressional committee room where Republicans recently took a big step toward passing their sweepin....
Washington Post| Fri Nov 10 16:00:03 EST 2017
Republicans rammed a near $1.5 trillion package overhauling corporate and personal taxes through the House on Thursday, edging President Donald Trump and the GOP toward their first....
ABC News| Thu Nov 16 10:44:34 EST 2017
Senate Republicans took a big gamble Tuesday with their tax reform bill, adding a partial Obamacare repeal provision that would free up more money for tax cuts, but also inject sig....
Los Angeles Times| Tue Nov 14 16:00:52 EST 2017
Senate Finance Committee Chairman Orrin Hatch (R-Utah) said on Nov. 9 that the tax process is "very complicated," with senators, House members and President Trump all wanting diffe....
Washington Post| Thu Nov 09 19:00:05 EST 2017
WASHINGTON (Reuters) - The U.S. Senate Republican tax cut plan being unveiled on Thursday would delay until 2019 a reduction in the corporate tax rate and fully repeal the federal ....
Reuters| Thu Nov 09 13:00:04 EST 2017
WASHINGTON (Reuters) - U.S. Senate Republicans unveiled a tax plan on Thursday that differed from the House of Representatives’ version on several key fronts, including how they tr....
Reuters| Fri Nov 10 13:00:04 EST 2017
WASHINGTON (Reuters) - U.S. Senate Republicans unveiled a tax plan on Thursday that differed from the House of Representatives’ version on several key fronts, including how they tr....
Reuters| Thu Nov 09 16:00:04 EST 2017