Brian's practice focuses primarily on general corporate and commercial law, having experience in mergers and acquisitions, financings and other transactions for a range of large and small corporate clients. In addition, Brian advises on a variety of corporate matters including organization and restructuring, internal governance, directors' liability, commercial agreements, succession issues, and shareholder and partnership matters. Brian is also actively involved in the entrepreneurial communitiy. He helps entrepreneurs and start-up companies establish and grow their businesses by providing advice on business structuring, fundamental start-up contracts, shareholders' agreements, intellectual property and rounds of financing.
MARCH 24 2022
Taxing Employee Compensation — Know Your (Stock) Options
It's common for start-up and growing businesses to allocate a percentage of the company's equity to stock options. The options are used to attract and incentivize key employees who are given the opportunity to share in the growing value of the business. However, many employees do not consider the tax implications of granting and exercising options. Getting familiar with the applicable tax consequences can help reduce the amount owing to Canada Revenue Agency (CRA) and avoid one particularly costly scenario.