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Community: Investing Wiki

Term Of The Hour

employer stock purchase: Original post by C. Taylor of Demand Media Employee stock purchase plans (ESPP) allow you to purchase stock from a company that employs you, usually at a discount of up to 15 percent. When you sell your stock, the difference between your stock basis and the purchase amount is considered taxable capital gains. Because of the discount, you cannot use the stock's purchase price as the stock basis.…

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