4 ms·
yep, the biggest NZ startup - Xero - gave equity to all full time employees. The difficulty is accounting for it due to how income tax is assessed on stocks whi
by sitharus 8y ago
yep, the biggest NZ startup - Xero - gave equity to all full time employees. The difficulty is accounting for it due to how income tax is assessed on stocks which makes US-style stock options unattractive. Most companies that offer stock do it through a related-party loan and a bonus to pay that but there are interesting tax implications.