City weighs new corporate tax on stock compensation as tech companies prepare to go public

Apr 24, 2019 | In the News

SF Examiner Apr. 24, 2019 / Joshua Sabatini

San Francisco voters may have the chance in November to boost the tax on stock compensation under a proposal announced Wednesday by Supervisor Gordon Mar to target tech companies going public.


Mar’s plan would tax companies for stock compensation at a rate of 1.5 percent — up from the current rate of .38 percent — that he estimates could generate up to $200 million in the next two years.


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