4 ms·
While nerve racking, this ended up being quite civil. A party proposed a tax plan, the community gave great feedback, and they revised. Thanks to Tobi, OMERS an
by scosman 11y ago
While nerve racking, this ended up being quite civil. A party proposed a tax plan, the community gave great feedback, and they revised. Thanks to Tobi, OMERS and everyone who spoke up.
- cperciva 11y agoI'm sure that it also helped that one of the new parliamentary secretaries (Terry Beech) ran a startup before running for office. I know from talking to him during the campaign that he was well aware of the problems which would result from changing the tax treatment of incentive stock options even before the topic came up when talking to the rest of the tech community.
- kspaans 11y agoBut they were only going to raise them for options worth more than $100k right? Other than people "winning the lottery", and C-level staff, how many startup employees would be affected by this? My understanding is that comp packages above $100k are much rarer in Canada than in the US?
- cperciva 11y agoOther than people "winning the lottery", and C-level staff, how many startup employees would be affected by this? I'm guessing not many, but that's not really the point. The possibility of "winning the lottery" is very important for startup recruiting.
- kspaans 11y agoRight, and I can see your point above about the change being pointless because it's so easy to work around ISOs!