Uber used 50 Dutch shell companies to dodge taxes on $6B in revenue

Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by onlyrealcuzzo on Thursday May 13, 2021 @01:27PM (#27144785)

1 - RSUs are taxed as earned income from the time they vest.

That means - if I was granted $75k worth of Google stock to be paid this year - but it has quadrupled in value... Upon vesting - I'll receive $300k worth of Google stock this year...

I pay "earned" income tax on all $300k of that - meaning, after taxes, I get about ~$185k of that.

If I should hold that for a year - and it goes up 20% in value - I would pay capital gains tax on that 20% / ~$37k just like anyone else who bought and held Google stock for a year.

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Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by throwaway2037 on Friday May 14, 2021 @03:08PM (#27158459)

Thank you for valuable information about RSUs. You are right, the tax advantages are lower than I proposed!

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