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Well it is 15% but you are paying income tax on it because you aren't holding it for a year. So depending on your tax situation, it may be closer to 7-10%. Stil
by hobonumber1 10y ago
Well it is 15% but you are paying income tax on it because you aren't holding it for a year. So depending on your tax situation, it may be closer to 7-10%. Still good though.
- findjashua 10y agoThe income tax on the profits. If you sell the espp instantly, there isn't much profit, so I'm guessing there isn't much tax?
- irrational 10y agoWell, according to this guy: https://thefinancebuff.com/employee-stock-purchase-plan-espp-is.html https://thefinancebuff.com/employee-stock-purchase-plan-espp... it is closer to a 90% return. The example he gives is exactly how my company's ESPP works.