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Reply to "European Expansion: Eye-Opening, Frustrating, and Possibly Not Worth It - Underperforming employee culture"
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[quote=Anonymous]Also the tax structure in Europe is terrible and holds people back. My European company gave us a lot of stock options as pre-IPO. In US I converted options as soon as I got them to RSUs by paying the strike price. Held them greater than one year, then sold them at LTG rate. In Europe they when sold had to pay taxes at ordinary income tax rate up to 50 percent So even though we got same amount of options mine was worth much more. Due to this tax structure options and RSUs not as popular in England while in US it makes millionaires out of plain old IT people. [/quote]
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