Options and SARs in Canada

Dan,

About two years ago I met two attorneys with DLA Piper in San Francisco at a conference.  They produce "Global Equity Desk References" covering multiple LTI vehicles (including options).  Best of all, I believe that they offer the books free of charge.  For each country the following topics are covered:

1) Securities Restrictions

2) Tax to Employee and employer

3) Foreign Exchange requirements

4) Social Insurance

5) Data Protection (written concent etc.)

6) Labor issues

7) Communication

The contacts are Jon Doyle and Craig Tanner.  They can be reached at 415-836-2575 and 415-836-2522 respectively.   I hope that this helps.

-Ed

Hi Dan:

Another useful resource is the website for the Canada Revenue Agency (similar to the IRS in the U.S.) at http://www.cra-arc.gc.ca/menu-eng.html.  Under Business, go to Payroll.  Under Topics for Payroll, go to Benefits and Allowances, then go to Financial Benefits.  Once you're here, go to Security Options.  In this section, the tax laws and regulations for employee stock and stock option plans are addressed.  There's also a link to a publication that might be helpful - IT113R4, Benefits to Employees - Stock Options.

John Lestock

John,

Thanks for the great instructions.  They were very helpful.  I appreciate the help.

Dan

Hi Dan:

I'm very happy to help.  If you need more resources, please let me know and I'll go harass our folks in Stock Administration.