On Monday 09 May 2005 16:38, Geoffrey S. Mendelson wrote: > I know this is cold by now, but I was unplesantly reminded today that > payment for work by a corportation in stock is taxed as WAGES when the > stock is sold.
That actually depends on the option plan your company uses. Nowadays it is common (by companies that want their employees to benefit) to use option plans that are considered as capital for tax purposes (there's a downside for the company, but I won't get into that ATM). That wasn't common (or maybe it simply didn't exist) a few years ago, but it's very much possible today. - Aviram ================================================================= To unsubscribe, send mail to [EMAIL PROTECTED] with the word "unsubscribe" in the message body, e.g., run the command echo unsubscribe | mail [EMAIL PROTECTED]
