The $218 million is taxed as income. Tim Cook paid over a 50% tax rate on his award of Apple shares recently: https://www.forbes.com/sites/antoinegara/2016/09/0

The $218 million is taxed as income. Tim Cook paid over a 50% tax rate on his award of Apple shares recently: https://www.forbes.com/sites/antoinegara/2016/09/01/apple-ceo-tim-cook-paid-a-52-tax-rate-on-his-135-million-payday/ https://www.forbes.com/sites/antoinegara/2016/09/01/apple-ce...