How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 485.49

+1.8%

Nov 26 3:59 PM EST

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To: JC Jaros who wrote (45948)	6/4/2000 9:51:00 AM
From: PMS Witch	Read Replies (2) of 74651

I think moving Microsoft to Canada would be difficult for the employees. Imagine the impact on the value of their current homes as thousands try to sell at once. Wouldn't their unrealized capital gains become crystalised and taxed on departure. Many would need to liquidate shares to meet the tax demands. (They'd take a beating on their homes, then on their stock.) Once settled in Canada, they'd enjoy a marginal tax rate over 50% on earnings above U$40,000 and 35% tax on capital gains. (Plus 14% tax on whatever they buy with what's left over.) However, if the U.S. government destroys their company, they'd lose more staying put. Cheers, PW.

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