What is next for Musk after judge rules against him in Tesla pay case?

Sky Moore, Partner in the firm's Tax Group, was featured in an article published by Reuters discussing what's next for Musk after a judge ruled against him in a Tesla pay case.

Excerpt:

In addition, because the stock options would be incredibly valuable from the moment they are issued, they would be treated unfavorably for tax purposes as income. Musk could be taxed at the highest rate and pay a 20% penalty, meaning authorities could tax his new plan at 57%, according to an analysis by Schuyler Moore of Greenberg Glusker.

Resources

• Reuters