For company administrators using the new "Tax rules" page in Carta, they can now choose to enable the tax mobility feature for their company. If tax mobility is turned on, Carta will use a stakeholder's address history when estimating taxes for withholding purposes.
Who this affects:
Company administrators with access to the "Tax rules" page in Carta
- Enable tax mobility for more accurate tax withholding estimates. Companies can turn the tax mobility feature on under Compliance > Tax rules. If tax mobility is enabled, Carta will look at a stakeholder's full address history when estimating applicable taxes for a withholding event (e.g. NSO option exercise, RSU settlement).
If you don't already have access to the "Tax rules" page in Carta, reach out to your account manager to request access.
Navigate to Compliance > Tax rules to find the tax mobility feature:
All companies with access to the "Tax rules" page will have access to the tax mobility feature by Wednesday, February 3rd