Recent Legislative Updates - June 2012 Edition

Global Equity Compensation Newsletter

In This Issue:

China - Public Notice No. 18 provides clarification on corporate income tax deduction treatment of equity incentive plans

Netherlands -

  • Proposed amendments to say on pay voting rules
  • Recent court ruling regarding tax discount of restricted share awards
  • Proposed penalty for excessive remuneration to bank board members

United Kingdom -

  • Annual share plan reporting due July 6, 2012
  • Tax favored share plans - increase in limits for EMI options

United States -

  • Proposed regulations clarify when there is a substantial risk of forfeiture under Code Section 83
  • Foreign bank account report filing is due June 30th: How does it differ from Form 8938?


Global Equity Compensation Newsletter