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Joined With Industry Leaders.pdf

QSBS letter 9.30.21 -- FINAL.pdf
Preview of joined with industry leaders
🔗 Source: info.carta.com
📊 Size: 135 KB
👤 Author: Matt Russell
⬇️ Downloads: 128

Summary

The undersigned organizations are writing to encourage policymakers to remove provisions in the Build Back Better Act that would curtail the effectiveness of Qualified Small Business Stock (QSBS) in incentivizing investment in innovative small businesses and startups. QSBS has proven effective in promoting investment in startups and early-stage growth companies, and its exclusion encourages investment at the earliest stage in a company's life cycle. The proposed change would diminish the incentives that successfully bolster small businesses and their employees, and punish taxpayers who invested in or earned QSBS shares years ago. The organizations encourage House Members to preserve the current treatment and the related positive impacts on the startup ecosystem, the employee base, and the broader economy.

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Description

The undersigned organizations are writing to encourage policymakers to remove provisions in the Build Back Better Act that would curtail the effectiveness of...

Technical Information

  • File Format: PDF
  • File Size: 135 KB
  • Pages: 3
  • Language: EN
  • Author: Matt Russell
  • Total Downloads: 128
  • Last Updated: 1 week ago

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