Taking stock of your options - Archived Webinar
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The National Payroll Institute recently conducted a taxable benefits survey, and the results showed that stocks and security options are commonly perceived to be among the most challenging to assess and understand.
If is challenging and hard to understand – what are the consequences for getting it wrong?
To help you navigate the intricacies and compliance requirements of the most challenging benefit to administer, join our speakers from the Compliance Services department as they explain the difference between the three common types of security/stock option plans and the reporting requirements.
This webinar will be facilitated by Payroll Compliance Advisors from the Compliance Services department at the National Payroll Institute. It will include a 60-minute presentation and a 30-minute session to answer live and pre-submitted questions.
Note: Continuing Professional Education (CPE) hours will be applied to your current cycle at the time of registration.
How to access your archived session:
After registering for an archived webinar, a confirmation containing login information is sent approximately 2 business days after the registration has been processed. If you do not receive the login information, check your email SPAM folder. If it's not there, please contact membership@payroll.ca.
You will have access to the archived webinar 24 hours after receiving the login information.
The following topics and issues will be explored during the session:
- What is a stock option?
- Types of stock option plans such as share purchase plans, stock bonus plans, and stock options
- When is the stock option benefit brought into income
- When does the Income Tax Act, section 7 not apply? (e.g., phantom stock plans, stock appreciation right)
- Canada Revenue Agency (CRA) changes of Stock Options
- Stock options exercised by a former employee
- Employee paragraph 110 (1) (d) deductions
- CRA and Revenu Québec (RQ) withholding requirements
- Year-end reporting of the benefit
- How does the treatment of stock and security options differ from Revenue Quebec?
After registering for an archived webinar, a confirmation containing login information is sent approximately 2 business days after the registration has been processed.
You will have access to the archived webinar 24 hours after receiving the login information.
Cancellations: No refunds will be issued once the email containing the login information has been provided.