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Re:An Introduction to Stock & Options for the Tech Entrepren... by d_r on Friday November 18, 2011 @11:00PM (#3254530)
To avoid this, vesting founders would presumably file an 83b election within 30 days of receiving the shares (mentioned in the PDF.) Then, they only have to pay tax when they sell the shares. And if they held on to those shares for over one year, this would be a smaller, capital gains tax.

Described in more detail here: http://www.grellas.com/faq_business_startup_004.html

Re:An Introduction to Stock & Options for the Tech Entrepren... by nickfromseattle on Friday November 18, 2011 @11:24PM (#3254561)
What is the definition of 'date of grant' in this sentence:

Procedurally, an 83(b) election must be made within 30 days of the date of grant.

Is it when the vesting schedule says you vest?

Is it when the vesting schedule says you vest, and the stock is physically sign over?

Re:An Introduction to Stock & Options for the Tech Entrepren... by notbitter on Saturday November 19, 2011 @01:23AM (#3254760)
Well that just scared the crap out of me. Fortunately, the rest of the net believes that you have 30 days from the date of purchase.
Re:An Introduction to Stock & Options for the Tech Entrepren... by klaut on Saturday November 19, 2011 @06:44AM (#3255117)
Does anybody know of something similar for the UK?