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hobonumber1
3479 days 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.
2 comments
findjashua
3478 days ago
The 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?
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irrational
3477 days ago
Well, according to this guy:
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.
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