Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by Cerium on Wednesday January 18, 2017 @02:06PM
(#13429284)
Yes, the company issuing the RSU's must pay the taxes for you. They do that by selling a portion of the shares to cover the tax (which at least where I've been works out to a bit above 40%).
[ Parent
| on HN ]
Re:What I Wish I'd Known About Equity Before Joining a Unicorn
by URSpider94 on Wednesday January 18, 2017 @04:36PM
(#13430511)
Not quite -- they must WITHHOLD the tax. You have the option for them to sell the shares. If you'd rather, you can send them a check for the tax bill and hold all the shares.