Cisco actually gives all the espp at the end of 6 months. I have read somewhere if you sell stock after more than a year you are taxed half . So my question is if you want to avail that tax exemption should you sell it after 1 year when it gets deposited like after 6 months?
You pay income tax on the bargain element between sale price (price after the discount) and market price on the day of grant. Any gains or losses from there are treated as capital gains. However, if you sell within two years of the first day of the offering period, you’ve triggered a disqualifying event, so you’ll be taxed at income tax rates for any gains. Long Term Capital Gains rates don’t kick in until the two year mark.