[whatok]

Relevant text: Oracle is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas. We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they work. Depending on their role, this means that many of our employees can choose their office location as well as continue to work from home part time or all of the time. In addition, we will continue to support major hubs for Oracle around the world, including those in the United States such as Redwood City, Austin, Santa Monica, Seattle, Denver, Orlando and Burlington, among others, and we expect to add other locations over time. By implementing a more modern approach to work, we expect to further improve our employees’ quality of life and quality of output.

[dmode]

What does this mean ? What does a HQ mean when people are permanent WFH ?

[aaomidi]

It means less taxes and less strict labor laws.

[dmode]

How does labor law impact anything when everyone is WFH ? Also, do taxes really have anything to do with your HQ location ? All corporations are registered in Delaware.

[satya71]

Company still pays most of its taxes in HQ.

[filmgirlcw]

And many of those taxes are based on things like now many distinct offices you have for employees. This is one of the reasons we saw the death of private offices and a shift to the whole open workspace bullshit. Because you’d get taxed per office, whether it was being used 5 days a week or not.

[bch]

Do you mean number of private workspaces that are called an “office” in a building affects how taxes are calculated? So reconfiguring the floors in a corporate building might affect how they file taxes? I’ve never heard of that before...

[singhrac]

Often (maybe always?) employees pay income tax in the state where their company's headquarters is, or the local office in which they work.

[jldugger]

Is that ever true? I'm pretty sure you pay income tax in the state in which you work, regardless of where HQ is.

[emteycz]

You're talking about the employee while the GP is talking about the employer. Both have their income (personal or corporate) taxes, so both statements are true.

[singhrac]

I am not a tax attorney obviously, but the information I've been given (by many sources) is that this year I'll pay taxes for the state in which my employer resides, not where I've been living. I think the decider is "state in which you work", which is what I meant by "local office" (i.e. I'm still considered to "work" in NY).

[pyuser583]

Nope nope nope nope.

Generally, it’s the state where you work.

It can be complicated when you live in one state and work in another.

But the location of your corporate office is absolute irrelevant for where an employee pays taxes.

[dragonwriter]

Usually, the place of the employees residence and the physical worksite; rules for interstate travel for work and state income tax are different per state, with some applying tax on the first day of work in the state, others having a number of days threshold.

The employer’s HQ generally has no effect, independently of it being a worksite for many employees.

[claydavisss]

HN really needs an AMA on this so people stop repeating these false claims

[TimTheTinker]

AFAIK, WFH employees have CA tax obligations when the company HQ is in CA, even if they’re working from other states.

So all non-CA employees have less of a tax burden as a result of the HQ relocation.

[lscotte]

This is not correct. I work for a CA based company. I work from home in a different state which is my legal residence. I do not file or pay CA taxes.

[muzz]

How do you get health insurance? Does your company have an office in your state? If not, do they give you Californi-based coverage, with most providers being out-of-network?

[dmode]

I don't think this is true. Employees pay taxes based on residency requirement. So if you are not a resident of CA, you don't pay taxes, regardless of where your HQ is

[baskire]

If California can claim the work was done in or for California. They’ll tax it. If you work remote from Texas but hr says your desk is in California. You owe California taxes.

[sershe]

No, you only pay for time worked in CA. The only exception I found are options/RSUs granted in CA and vested after you've left, these may be taxed in proportion to the time originally worked in CA after the grant.

[muzz]

RSUs are taxed in state where granted

Non-Quals are prorated

ISOs are taxed in state where exercised

[e40]

It means less taxes and less strict labor laws.

Not for people that remain in CA, WFH or not. For those that move to TX, what you said applies.

[LinuxBender]

This can also paint a target on non TX workers. I have lived through that. HQ of a company I worked for in the past moved to TX and anyone that was not willing to relocate was part of the layoffs. Of course, it didn't start off that way. People were initially told they would be fine where they were. Our California office went from several hundred to six people.

[wolco2]

Let me guess.. hp?

[gallego2007]

I read this as the US Central time zone is convenient for working with people on both Coasts and those working remote.

[hbcondo714]

Name anchor link to this text: https://www.sec.gov/Archives/edgar/data/1341439/000156459020...

Interesting this sentence is at the end of this 40+ page document under the section "Other Information". The very first page says 2300 Oracle Way Austin, Texas but their previous quarterly reports shows 500 Oracle Parkway Redwood City, California

[muzz]

That seems represent the actual event that occurred, ie a changing of HQ address.

Yet many are assuming that employees will be moving from CA to TX, despite no indication of that.

[muzz]

Funny that the don't mention Bangalore, where they have more people than HQ