Will Super-Voting Stock Get A Tax Lyft?

By Benjamin Willis

Forbes mentions the New York State Bar Association’s Tax Section report from 2013.

Super-voting stock allows a company’s management or founders to freely control the company and not worry about hostile takeovers or influence exerted by large shareholders that may be focused on quick profits. The use of super-voting stock, or high-vote stock, is by no means new, but it has created more buzz recently as some of the world’s biggest companies ensure those in control remain in control while offering valuable equity rights in initial public offerings to those not looking to usurp voting power.

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