FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W217823174> ?p ?o ?g. }

• W217823174 abstract "Holders of compensatory stock options who perform services or reside in different countries during the term of the options face the risk of double taxation. The specter of double taxation arises because countries tax option income at different times and characterize it inconsistently: option income is taxed at times ranging from grant, vesting, exercise or sale of the underlying shares, and is treated as wages by some countries and as capital gains by others. Furthermore, within many countries, compensatory option income can be subject to different tax regimes depending on conditions existing at grant or exercise, or elections made by the option holder. These divergent domestic laws lead inexorably to conflicting income tax treaty interpretations and double taxation. This article examines circumstances under which the double taxation of compensatory option income arises. It focuses on conflicts that arise from the mutual exertion of residence basis tax jurisdiction and from the different characterization of option income, and explores various unilateral and bilateral measures to mitigate double taxation. For persons who become U.S. residents and have previously been taxed by a foreign country on option income, this article proposes that the U.S. amend its foreign tax credit regime to permit a credit for foreign taxes previously paid if the U.S. taxes the same income. Unilateral measures, however, offer only a limited potential to prevent double taxation; any meaningful relief must be accomplished through the income tax treaty process. This article analyzes the option provisions of the new U.S.-U.K. tax treaty, the first treaty to address the allocation of tax jurisdiction over the option income of peripatetic employees. Because the U.S. and U.K. tax options similarly, it may not have been difficult to agree on an acceptable division of tax jurisdiction. When two countries have different timing, character, and source rules for option income, however, it may be impossible to arrive at an agreement. Recognizing the obstacle of conflicting domestic laws, the OECD has issued a report on compensatory option income that proposes amending the OECD Model Treaty commentary to provide uniform rules on the sourcing, character, and allocation of primary and secondary tax jurisdiction over option income for treaty purposes. The OECD proposals are an important step in harmonizing the disparate domestic tax rules for compensatory options and should substantially reduce the double taxation of option income of cross-border employees. This article discusses the OECD report and highlights areas that need further clarification. It is hoped that this approach can be extended to other types of deferred and equity-linked compensation." @default.
• W217823174 created "2016-06-24" @default.
• W217823174 creator A5087071740 @default.
• W217823174 date "2004-06-29" @default.
• W217823174 modified "2023-09-23" @default.
• W217823174 title "Double-Dipping: The Cross-Border Taxation of Stock Options" @default.
• W217823174 hasPublicationYear "2004" @default.
• W217823174 type Work @default.
• W217823174 sameAs 217823174 @default.
• W217823174 citedByCount "1" @default.
• W217823174 crossrefType "posted-content" @default.
• W217823174 hasAuthorship W217823174A5087071740 @default.
• W217823174 hasConcept C100001284 @default.
• W217823174 hasConcept C121955636 @default.
• W217823174 hasConcept C144133560 @default.
• W217823174 hasConcept C145236788 @default.
• W217823174 hasConcept C157263771 @default.
• W217823174 hasConcept C162324750 @default.
• W217823174 hasConcept C165786947 @default.
• W217823174 hasConcept C172008318 @default.
• W217823174 hasConcept C17744445 @default.
• W217823174 hasConcept C18547055 @default.
• W217823174 hasConcept C193681711 @default.
• W217823174 hasConcept C199539241 @default.
• W217823174 hasConcept C2776949292 @default.
• W217823174 hasConcept C2781039245 @default.
• W217823174 hasConcept C2781271479 @default.
• W217823174 hasConcept C39376844 @default.
• W217823174 hasConcept C51303962 @default.
• W217823174 hasConcept C551662922 @default.
• W217823174 hasConcept C557009689 @default.
• W217823174 hasConcept C74939039 @default.
• W217823174 hasConcept C77269340 @default.
• W217823174 hasConceptScore W217823174C100001284 @default.
• W217823174 hasConceptScore W217823174C121955636 @default.
• W217823174 hasConceptScore W217823174C144133560 @default.
• W217823174 hasConceptScore W217823174C145236788 @default.
• W217823174 hasConceptScore W217823174C157263771 @default.
• W217823174 hasConceptScore W217823174C162324750 @default.
• W217823174 hasConceptScore W217823174C165786947 @default.
• W217823174 hasConceptScore W217823174C172008318 @default.
• W217823174 hasConceptScore W217823174C17744445 @default.
• W217823174 hasConceptScore W217823174C18547055 @default.
• W217823174 hasConceptScore W217823174C193681711 @default.
• W217823174 hasConceptScore W217823174C199539241 @default.
• W217823174 hasConceptScore W217823174C2776949292 @default.
• W217823174 hasConceptScore W217823174C2781039245 @default.
• W217823174 hasConceptScore W217823174C2781271479 @default.
• W217823174 hasConceptScore W217823174C39376844 @default.
• W217823174 hasConceptScore W217823174C51303962 @default.
• W217823174 hasConceptScore W217823174C551662922 @default.
• W217823174 hasConceptScore W217823174C557009689 @default.
• W217823174 hasConceptScore W217823174C74939039 @default.
• W217823174 hasConceptScore W217823174C77269340 @default.
• W217823174 hasLocation W2178231741 @default.
• W217823174 hasOpenAccess W217823174 @default.
• W217823174 hasPrimaryLocation W2178231741 @default.
• W217823174 hasRelatedWork W1523041834 @default.
• W217823174 hasRelatedWork W1538970465 @default.
• W217823174 hasRelatedWork W1540664568 @default.
• W217823174 hasRelatedWork W1796176070 @default.
• W217823174 hasRelatedWork W2070652804 @default.
• W217823174 hasRelatedWork W227239547 @default.
• W217823174 hasRelatedWork W2476073140 @default.
• W217823174 hasRelatedWork W2784657651 @default.
• W217823174 hasRelatedWork W3091993940 @default.
• W217823174 hasRelatedWork W3117021968 @default.
• W217823174 hasRelatedWork W3121744956 @default.
• W217823174 hasRelatedWork W3121756845 @default.
• W217823174 hasRelatedWork W3121936471 @default.
• W217823174 hasRelatedWork W3124506983 @default.
• W217823174 hasRelatedWork W3124835444 @default.
• W217823174 hasRelatedWork W3125192045 @default.
• W217823174 hasRelatedWork W3125833873 @default.
• W217823174 hasRelatedWork W3148670012 @default.
• W217823174 hasRelatedWork W3168833803 @default.
• W217823174 hasRelatedWork W84982938 @default.
• W217823174 isParatext "false" @default.
• W217823174 isRetracted "false" @default.
• W217823174 magId "217823174" @default.
• W217823174 workType "article" @default.