Where securities (or interests in them) are acquired or held by or for employees or directors, they are often subject to restrictions which may reduce their value. These restrictions can be important to the design of employee incentives and remuneration. Restrictions of this type are also important because they bring many employees within complex income tax provisions for the taxation of restricted securities. These income tax provisions are explained in this practice note.
PLC Share Schemes & Incentives
The full text of this resource is available by logging in or by requesting a trial. If you have any questions, please contact us or your PLC Account Executive.
A free trial will give you:
Unlimited access to our online legal know-how services during the trial period
Full training and support
Six issues of Practical Law The Journal, the companion to Practical Law online
Weekly update e-mails on current legal developments in your practice area