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hi I'm Bruce barber I'm editor-in-chief and co-founder of my stock options calm and my stock plant calm we're a popular source of knowledge content and tools and all types of stock compensation and employee stock purchase plans in this video I'm going to be talking about taxes and one of my goals is to help you make the most of your ESP P and make the most of participating because I think it's great you're able to and I think do that you're gonna have to understand a little bit about the taxes so let's let's go into what I consider to be some of the key points to know about now I'm focusing on what's called a tax qualified ESP P it fits into section 423 of the tax code that's gonna give you a little bit of a special tax treatment it's the most popular kind of ESP P it's the one where you're usually getting a discount potentially a look back on the purchase price now some of the rules and the first three I think are pretty straightforward and you'll like them that's there's no tax your

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