Novinka ohledne zdanovani zamestnaneckych akciovych planu

News on the taxation of employee share plans

During the consideration of House Bill 474, which, among other things, discusses the introduction of an adjustment to the retirement savings product, an amendment has just been tabled regarding the taxation of employee stock plans.

Very simply, it is now proposed that the realisation of income in the form of the difference between the price paid by the employee to the employer for a share in a corporation and the market price of that share would be deferred in time only in relation to specifically specified points in time (e.g. the future sale of the share). In the event that neither of these specific events occurs, the latest point at which the deferral of taxation of the employee's income in question ends is 10 years after the acquisition of the share (or option). This deferral of taxation of such income applies not only in the case of the acquisition of an interest in a business corporation that is the employer of the employee in question, but also in the case of the purchase of an interest in the parent or subsidiary of the employer or in a corporation related by capital to the employer (more details HERE).

In our opinion, the rather complicated text addressing options at the same time will still lead to a number of interpretative ambiguities.

We would be happy to discuss the details and practical implications of this proposal with you.

Authors:

Lucie Říhová

Michaela Felcmanová

Adam Linek