AICNBC Techabout 4 hours ago
California IPO tax windfall faces complications
1 min read
SpaceX, OpenAI, and Anthropic IPOs could generate billions in California tax revenue, but the boost may fall short of past IPOs like Facebook's. Today's tech compensation structures and new tax strategies for employees, such as donating pre-IPO stock to donor-advised funds, could blunt the state's take.
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