Greg,Virt,Ro, or Kirk or anybody with knowledge of tax law...

Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

marc

Rank: Treasurer [?]

Points: 4510 [?]

Votes: 81 Score: 2.7 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Greg,Virt,Ro, or Kirk or anybody with knowledge of tax law...

posted on Jun 20, 2006 11:32AM

All the talk of buyback by the corporation of company shares made we wonder. Are the dollars allocated for this purpose pre tax or post tax?

If and I do say if the money allocated for buyback is pretax then it would be brillant to use as many of the license dollars for the buyback program. As we have little if any tax loss carryover dollars left then being able to delay paying taxes on new revenue by buying back stock would be a way to keep the tax man at bay and find a better use of the money when the options are exercised.

This is either a brillant thought or I am an idiot (see Phil you are not alone) and I am betting on the former.