Uber Contemplating IPO – Insiders Contemplating Taxes
Much Anticipated Uber Initial Public Offering Spurs Interest In Tax Planning By Insiders
It is always good to see more people interested in tax planning related to IPOs.
San Jose, California, USA – As a result of the much anticipated initial public offering of transportation game-changer Uber, more and more executives of start-up companies and their investors are interested in tax planning related to their own company’s IPO or buyout.
Whenever a well-known start-up company appears that it will “go IPO,” interest usually increases in tax planning to avoid the large tax bill experienced by early shareholders upon their ultimate sale of shares.
Recent Google Search trends indicate more and more people searching for terms related to tax planning for initial public offerings.
Seeing an increased interest in such searches is no surprise as well-known start-up companies having initial public offerings usually trigger this type of interest, according to Todd C. Ganos, a Forbes online contributor.
Ganos, who recently published a special insider’s report on tax strategies that the wealthiest families use to minimize the tax effects of a business sale, is both optimistic and cautionary about the increased interest.
“While it is always good to see more people interested in tax planning related to IPOs in general, I would caution people against jumping into tax planning and drawing up a strategy without proper and well-thought planning. These areas are incredibly complex. People need to find a team who is well-versed in this specialized discipline of tax planning.”
A complimentary web-based one-on-one consultation is available at www.IPOtaxSavings.com to pre-IPO/post-IPO investors seeking to achieve major tax on the ultimate sale of their shares.
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