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To address a previous comment made, I will be getting some upfront equity. This is more of an "incentive to reinvest in the company" kind of deal. Referring ba
by joshhart 17y ago
To address a previous comment made, I will be getting some upfront equity. This is more of an "incentive to reinvest in the company" kind of deal.
Referring back to my example - say I'm usually paid 5k/month but I decide I only need 3k so I ask for 3k and X number of shares. Those shares are assigned .0001 cents since the company has no established value so I now have $3020 in income. Shouldn't I just have to declare $3020 worth of income and the shares are now subject to capital gains?