Business

Senate tax bill ditches stock option change after outcry from tech start-ups

Senate Republicans have touted their tax bill as business-friendly, but technology start-ups — including Hyperloop One, Airbnb, Uber and Vimeo — are fuming over a provision that would make a major change to how stock options are taxed.

The original bill released last week proposed to tax stock options on the date they vest instead of when they are cashed in.

All Sources: Los Angeles Times Los Angeles Times

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