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02 January 2020

Canada's proposed changes to employee stock option rules delayed

Federal Finance Minister Bill Morneau released an update on December 19, on the proposed changes to the tax treatment of employee stock options. The proposals, which were scheduled to come into force on January 1, 2020, have been postponed. The wording of the announcement suggests that changes to the stock option rules, while postponed, will be forthcoming, potentially with changes to the draft legislation contained within the Notice of Ways and Means Motion (NWMM), introduced on June 17, 2019.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2020-0010

 

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