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Oracle Moving HQ to Austin

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Re: Oracle Moving HQ to Austin

#221

Post by ntsplnkv2 »

chaostheory wrote: post #78
birdyrooster wrote: post #25

Earlier quoted context omitted.

Average high/low temperatures in the summer for Austin are: June. 92° / 72° July. 96° / 74° August 96° / 74° Average high/low temperatures in the summer for Cupertino are: June. 75° / 55° July. 76° / 58° August 76° / 58° Austin will never, ever be like Silicon Valley because of this. The freedom you get from cooler weather is great from an energy utilization stand point and for allowing safer and more desirable condi…

This won't last much longer for the SF Bay Area. The climate has changed already and average temperatures are rising. The place where I live used to be foggy. It hasn't been like that for over 7 years now. It's much worse in the southern part of the Bay Area. Air conditioning is starting to be requirement.

It will get warmer in the bay area, but unbearably hot in Austin. Temperatures are rising there too rapidly:

"Austin Makes Top 10 List Of U.S. Cities With The Greatest Increase In Hot Days" -> https://www.keranews.org/2019-08-22/austin-makes-top-10-list...

Re: Oracle Moving HQ to Austin

#222

Post by suyash »

beagle3 wrote: post #42

Likely irrelevant, but reminded me of this[0]: """Basically, we’re moving because of William Whyte‘s rule: virtually all corporate relocations involve a move to a location which is closer to the CEO’s home than the old location. Whyte discovered this principle after an extensive study of Fortune 500 companies that left New York City for the suburbs in the 1950s and 1960s""" Tesla will likely move its HQ to Texas foll…

Both of those people probably have several homes and easy for them to commute in private jets so don't matter much.

Re: Oracle Moving HQ to Austin

#223

Post by solidsnack9000 »

filmgirlcw wrote: post #176
bch wrote: post #136

Earlier quoted context omitted.

Do you mean number of private workspaces that are called an “office” in a building affects how taxes are calculated? So reconfiguring the floors in a corporate building might affect how they file taxes? I’ve never heard of that before...

Yes. And it can be impacted at a municipality level, as well as a state or county level too. So the city of Seattle might have a different way they tax these things than the city of Redmond, in addition to whatever taxes are levied by King County or Washington State. ETA: there are very real reasons big companies have reconfigured workspaces and it isn’t about worker efficiency studies or even fitting more people int…

I would be interested in reading more about this, as well, but am uncertain how to go about searching for it.

Re: Oracle Moving HQ to Austin

#225

Post by lotsofpulp »

singhrac wrote: post #189
jldugger wrote: post #125

Earlier quoted context omitted.

Is that ever true? I'm pretty sure you pay income tax in the state in which you work, regardless of where HQ is.

I am not a tax attorney obviously, but the information I've been given (by many sources) is that this year I'll pay taxes for the state in which my employer resides, not where I've been living. I think the decider is "state in which you work", which is what I meant by "local office" (i.e. I'm still considered to "work" in NY).

NY’s position right now is ridiculous. I hope the courts rule that NY has no right to tax income for someone who hasn’t stepped foot in NY since March.

Re: Oracle Moving HQ to Austin

#226

Post by suyash »

orliesaurus wrote: post #23

I live in Austin, Oracle has a huge campus here that looks as big as an airport building with terminals/gates and all the trimmings. It's a beautiful building that gentrified the whole area, for better or worse. I ate there a couple of times, it's nice inside too! I love biking/walking around the Oracle campus area because they made a bike path and the area is safer than it was before. That being said, I know a coupl…

Oracle Redwood Shores (Old HQ) is one of the most beautiful campus of tech company in Silicon Valle with trails etc and a lake where the America's Cup winning Catamaran is parked. Wonder if they will move that to Austin as well.

Re: Oracle Moving HQ to Austin

#228

Post by throwawaygulf »

baskire wrote: post #210
dmode wrote: post #157

Earlier quoted context omitted.

I don't think this is true. Employees pay taxes based on residency requirement. So if you are not a resident of CA, you don't pay taxes, regardless of where your HQ is

If California can claim the work was done in or for California. They’ll tax it. If you work remote from Texas but hr says your desk is in California. You owe California taxes.

This is categorically false. If you're a Texas resident, working for a California based company, but doing your work remotely in Texas, you absolutely do not owe taxes in California.

The concept of "work done for California" does not exist. If the work is done in Texas (at your house), you pay Texas taxes (no income tax).

Re: Oracle Moving HQ to Austin

#229

Post by grillvogel »

danishdev wrote: post #28

Why is it so hard to realize that people want low taxes and light regulation? And that woke culture with it's free speech curtailment are a kind of 1984 environment where someone is watching your words constantly. California and NYC were great great states, and after decades of democrat governments, companies decide to move thousands of kilometers so they can leave these states in favor of Republican states. There's…

NYC isn't a state

Re: Oracle Moving HQ to Austin

#230

Post by grillvogel »

person_of_color wrote: post #154
danishdev wrote: post #28

Why is it so hard to realize that people want low taxes and light regulation? And that woke culture with it's free speech curtailment are a kind of 1984 environment where someone is watching your words constantly. California and NYC were great great states, and after decades of democrat governments, companies decide to move thousands of kilometers so they can leave these states in favor of Republican states. There's…

Still waiting for the great FAANG from Texas.

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