Seeking Alpha

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.
From other sites
Comments (2)
  • Glocks-n-Gold
    , contributor
    Comments (189) | 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 (1871) | 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
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector