Facebook IPO Will Boost State Revenue
Ahead of the hugely anticipated Facebook IPO, business journalist Kathleen Pender consulted Bruce Brumberg, the editor-in-chief of myStockOptions.com, for insights into the post-IPO tax treatment of the restricted stock units held by Facebook employees. Her article
in the San Francisco Chronicle
also discusses the considerable tax revenue for the state of California that Facebook's IPO will generate, including money for the state's fund for mental-health services.