03/06/09

Extension of the exercise period of stock option plans: guidelines of the tax administration

In our Newsflash of 8 April 2009 we indicated that under certain conditions it is possible to extend the exercise period of a stock options plan by a maximum of five years in a fiscally neutral manner.
In a Circular dated 9 May 2009 (AOIF no. 24/2009) the tax administration clarified this measure.
 
The most important information in this Circular is the following.

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