Form 42: UK reporting requirements for US corporate share schemes
Any company offering UK-based employees any form of rights in the company’s stock should be aware that these employees may have reporting obligations to the UK tax authorities. A UK resident employee receiving employment-related securities will likely face UK taxation consequences.
‘Employment-related securities’ is a wide term and covers almost every right in or over equity individuals have in their employer’s group. Its ambit goes beyond simple equity and covers most rights under a standard share scheme, including restricted stock units and restricted stock awards, as well as more straightforward stock grants and stock options. It also covers rights under UK-specific share scheme types, such as enterprise management incentives or company share ownership plans…
If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign in with your details below.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
What you think you know about data privacy in Australia and overseas may just be wrong. This ‘top 10’ fact sheet dispels some common misconceptions about privacy.
DLA Piper’s Legal Notebook for December 2013 presents recent cases, headline issues and new legislation.
Analysis from The Lawyer
The Lawyer’s latest Top 50 litigation firms list shows that business for dispute specialists is roaring along while new in-depth detail reveals the winning strategies
Our list of the summer’s big deals shows how London law firms kept busy with work from Asia as well as more familiar sources