107 karma · joined February 20, 2017
Does anyone really know how these tax write-offs work? People just use the term without any clear understanding.
Meta like any sane company out there will probably use every rule to avoid (not evade) paying tax. Thats good for the shareholders. But this isn't one such measure, it's mostly R&D expenditure.
I often caught myself saying "that thing" many times because I couldn't recall the names of even basic objects or street names, etc after getting hit with Omicron.
Just curious if others have experienced this as well.
"An experiment that created a hybrid version of a bat coronavirus — one related to the virus that causes SARS (severe acute respiratory syndrome) — has triggered renewed debate over whether engineering lab variants of viruses with possible pandemic potential is worth the risks...."
"..Simon Wain-Hobson, a virologist at the Pasteur Institute in Paris, points out that the researchers have created a novel virus that “grows remarkably well” in human cells. “If the virus escaped, nobody could predict the trajectory,” he says..."
Let's assume my company goes IPO in 2024 (it's a lottery, I understand), and assume each share is worth $10.00. Which means my 10,000 shares will be worth $100,000.
So I will owe tax on 7500 of those shares to CA? Because I've been there 3 out of those 4 years? That is ($10.00 - $1.00) * 7500 = $67500 of my income will be taxed by CA? And remaining amount will be taxed by Texas?
Even if I move to Puerto Rico, where there are no capital gains, I still owe CA taxes?
I don't even think there's anything controversial here. This is just a fluff article.
Also, my main issue is that the exercise price is around $1.00, and I have around 30K options, so I might be spending a good chunk of money.
I live in SF and dating is so app based here. I don't do well in these apps.
Apart from that, I think I'm ok. Don't really like working fulltime but I've gotta a FI/RE plan to leave in a few years.