Category : Search result: Silicon Valley tax exodus


No Shoes Trend in US Tech Startups Post-Pandemic

US tech startups like Cursor and Spur are adopting 'no shoes' policies, creating a home-like office vibe. Experts link it to post-pandemic habits and Silicon Valley's intense '996' work culture. Discover the reasons and challenges.

David Sacks Leaves California for Texas Over Wealth Tax

Venture capitalist David Sacks, Trump's crypto advisor, relocates to Texas, criticising California's proposed wealth tax. Tech titans Elon Musk and Michael Dell welcome him. Read his full argument for tech's geographical diversification.

Saudi Arabia's new sugar tax on beverages starts Jan 1

Saudi Arabia replaces its 50% flat tax with a four-tier excise duty based on sugar content from January 1, aiming to cut consumption. The UAE will implement a similar system in 2026. Read how this GCC health move affects prices.

OpenAI's $1.5M Per Employee Pay Sets New Record

OpenAI is paying an average of $1.5 million in stock compensation per employee, the highest in tech startup history, to retain top AI talent in a fierce race against rivals like Meta.

California's Wealth Tax Sparks Billionaire Exodus

White House AI and crypto czar David Sacks hints at leaving California over proposed 5% 'wealth tax'. He joins other billionaires like Peter Thiel and Larry Page in criticising the move. Read more.

3rd National Indirect Tax Moot Court Competition Concludes

The 3rd National Indirect Tax Moot Court Competition 2024, organized by the Chamber of Tax Consultants, concluded successfully in Delhi. The event aimed to hone the skills of future indirect tax professionals. Read more about the winners and key insights.

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