As Facebook (FB -4%) continues diving (previous), Dan Primack points out tax considerations...


As Facebook (FB -4%) continues diving (previous), Dan Primack points out tax considerations could be driving insiders to sell at (relatively) depressed levels. The capital gains tax rate is set to increase to 20% from 15% on Jan. 1, giving businesses and high-net-worth individuals (but not tax-exempt non-profits) an incentive to sell ahead of time. Primack previously reported VC firms Greylock Partners and Meritech Capital had joined Accel Partners in distributing Facebook shares to limited partners.

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Comments (2)
  • Glocks-n-Gold
    , contributor
    Comments (211) | Send Message
     
    Or it's no more complicated than rats fleeing a sinking ship...the SS Faceplant in this case.
    17 Aug 2012, 02:54 PM Reply Like
  • Chris Lau
    , contributor
    Comments (3965) | Send Message
     
    The math certainly adds up. Pay 5% less before 2013 or lose 5% per diem with a falling share price. Looked another way FB will hit the $5~ range before 2013.
    17 Aug 2012, 03:23 PM Reply Like
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