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Why Elon Musk will end up with an $11 billion tax bill this year


Elon Musk's US tax bill: $11 billion. Tesla's: $0 | CNN Business

Elon Musk has repeatedly bragged (or, perhaps, complained) that he'll pay more in federal taxes for 2021 than anyone has ever paid — about ...

MUSK'S $11 BILLION TAX BILL IS BIG NEWS—BECAUSE IT'S ...

The self-congratulatory announcement by Elon Musk that he is paying $11 billion in income taxes this year is a big deal, but not for the reasons he and his ...

A Perfect Storm Has Elon Musk Paying $11 Billion in Tax

Musk, whenever he chose to exercise his stock options, would have to pay in tax an amount equal to the maximum combined federal and California ...

Why Elon Musk will end up with an $11 billion tax bill this year - CNN

Elon Musk says his tax bill this year will be $11 billion, and he's probably right: The filings he has made with the Securities and Exchange ...

Elon Musk says he will pay over $11 billion in taxes this year - CNBC

Stock options Musk was awarded in 2012 are set to expire in August next year. In order to exercise them, he has to pay income tax on the gain.

Elon Musk Could Get a Huge Tax Break From Donald Trump

A provision inserted into the tax code 35 years ago allows government officials to indefinitely defer all capital gains taxes on such divestment ...

Why Is Elon Musk Supporting Donald Trump? Tax Avoidance!

The federal government, Musk complained, was simply wasting too much money. If he paid less in taxes, Musk pronounced, he would “use the money ...

Elon Musk owes $11 billion in taxes after wrapping up his Tesla ...

Earlier this month, Musk said in a series of tweets that his $11 billion in taxes would be the largest single-year tax bill ever paid by any ...

Elon Musk Says He'll Pay Over $11 Billion in Taxes This Year

The billionaire may face a tax bill of more than $10 billion for 2021 ... expire next year, calculations last week by Bloomberg News showed.

Elon Musk says he will pay over $11 billion in taxes—here's why

Now, Musk will need to pay taxes on the difference between the 2012 and 2021 stock prices at a rate of more than 50%. The tax bill “over $11 ...

Elon Musk says he will pay more than $11 billion in taxes this year

Elon Musk said he will pay more than $11 billion in taxes this year, a week after taking to Twitter to say he will face the largest tax bill out of any ...

Elon Musk Claims He Will Pay More Than $11 Billion In Taxes This ...

Tesla CEO Elon Musk on Sunday said that he will pay more than $11 billion in taxes this year, a statement that follows the billionaire's earlier claim.

Why Elon Musk will end up with an $11 billion tax bill this year

Elon Musk says his tax bill this year will be $11 billion, and he's probably right: The filings he has made with the Securities and Exchange ...

Elon Musk Says His 2021 Tax Bill Will Be $11 Billion - People.com

Frank said Musk did not pay any federal income tax in 2018 because he does not take a salary and instead borrows against his shares.

Elon Musk flaunts 2021 tax tab on social media: 'I will pay over $11 ...

CEO and SpaceX founder Elon Musk is proclaiming, without providing details, that he will pay billions in taxes this year.

Elon Musk says he'll be paying $11bn in tax this year - BBC

Elon Musk, the world's richest person, has tweeted he will pay $11bn (£8.3bn) in tax for this year.

Elon Musk said he'll pay more than $11 billion in taxes this year

Because he is exercising Tesla stock options that are due to expire in August next year—something the chief of the world's most valuable car ...

Elon Musk says he will pay more than $11bn in tax this year

For those wondering, I will pay over $11 billion in taxes this year · Let's change the rigged tax code so The Person of the Year will actually ...

Elon Musk sells stock to foot $11 billion tax bill -- Is he done selling?

CNBC's Robert Frank reports on Elon Musk selling 10 percent of his stock and how Musk still could have more to sell. For access to live and ...

Elon Musk Says He Will Pay More Than $11 Billion in Taxes This Year

Under California law, Mr. Musk also likely would face a sizable state tax burden because exercised options are treated as compensation partly ...