Companies operating share plans globally need to keep up to date with the tax and legal issues around the world, so that they can remain compliant. Deloitte's Global Share Plans teams work with many companies to advise on the design and implementation of incentive plans operated globally.
In March 2017, we launched our interactive and free Deloitte Global Share Plans portal.
This new hub provides guidance on tax and legal issues in multiple jurisdictions for the most common employee incentive plans (Stock Options, Restricted Stock Units/Long Term Incentive Plans and Shares).
The summary information includes:
- relevant income tax points
- tax withholding requirements
- tax favoured plans
- securities law issues
- exchange control issues
The portal is not a substitute for professional advice but it gives an overview for more than 50 countries to help companies identify where they may have compliance requirements or opportunities.
Features of the Global Share Plan portal
The portal provides an interactive map so that users can quickly identify the information they are looking for in over 50 countries.
The map can be used to not only research the tax point for different awards in various countries, but also to provide users with a snapshot of how this compares to other countries.
For example, the user could filter the map for Restricted stock units and withholding, resulting in a colour coded map highlighting the countries where income tax withholding is required.
The timeline provides users with a searchable list of country news updates as well as information on Deloitte seminars and webinars.
Access Deloitte's Global Share Plans portal
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.