| | | August 2019 | Canadian taxation of employee stock options: the winds of change
John F. Oakey, CPA, CA, TEP, CC, is National Director of Tax Services at Baker Tilly Canada | | As promised in the 2019 Federal Budget, draft legislation restricting the preferential treatment afforded to employee stock option plans was released on June 17, 2019. Currently, the preferential treatment, which is provided to all corporations, is a 50 per cent reduction in the taxable benefit to the stock option holder, provided specific criteria are met. |
| | | Baker Tilly Ottawa LLP 400-301 Moodie Drive
Ottawa, ON
K2H 9C4 Canada
info@bakertilly.ca
www.bakertilly.ca |
| This email is sent by Baker Tilly Ottawa LLP, formerly Collins Barrow Ottawa LLP. 400-301 Moodie Drive, Ottawa, ON, Canada K2H 9C4.
Baker Tilly Canada periodically publishes Tax Alert for its clients and associates. It is designed to highlight and summarize the continually changing tax and business scene across Canada. While Tax Alert may suggest general planning ideas, we recommend professional advice always be sought before taking specific planning steps. |
|
|
|
