Steven Lukas co-presents Stock Options Workshop
September 29, 2020
Harper Grey business law lawyer, Steven Lukas, co-presented in collaboration with PwC for a Stock Options Workshop presented by Angel Forum as part of Vancouver Start-Up Week.
This interactive workshop discussed the tax and other implications of equity compensation (stock option plans).
Workshop attendees learned the following:
- What the different types of equity plans are
- Taxation differences between employees and independent contractors
- What are the benefits of being and maintaining status as a “CCPC”
- When do you recognize the benefit and when do you have to pay the tax
- How to qualify for the lifetime capital gains exemption
- What happens in the event of a loss on a business failure
- What are the differences that apply if you hire a US citizen
- Whether you are required to withhold and remit tax to CRA
- What happens on a buyout or share exchange
- Whether to consider having an employee share trust
Read more about the event here.
Important Notice: The information contained in this Article is intended for general information purposes only and does not create a lawyer-client relationship. It is not intended as legal advice from Harper Grey LLP or the individual author(s), nor intended as a substitute for legal advice on any specific subject matter. Detailed legal counsel should be sought prior to undertaking any legal matter. The information contained in this Article is current to the last update and may change. Last Update: January 16, 2024.
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