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hobonumber1
9y ago
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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.
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findjashua
9y 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?
irrational
9y 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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