D
dsludds
Guest
The company I work for granted shares to me at a certain price ( I didn't pay anything) and when I sell them I will get the price in between.
That is, there are shares hold in my name at a US broker, say at a price of $50 each. If the share price goes up to $60 and I sell them I will get $10 per share exercised.
- Am I correct saying that this is a "share option" and liable to income tax rather than capital gains?
- I filled the form W8-BEN which I am told I am not taxed in USA. What happens to this form when I exercise shares, do they send it to revenue in Ireland and it is deducted as part of the PAYE or do I have to declare it seperately?
That is, there are shares hold in my name at a US broker, say at a price of $50 each. If the share price goes up to $60 and I sell them I will get $10 per share exercised.
- Am I correct saying that this is a "share option" and liable to income tax rather than capital gains?
- I filled the form W8-BEN which I am told I am not taxed in USA. What happens to this form when I exercise shares, do they send it to revenue in Ireland and it is deducted as part of the PAYE or do I have to declare it seperately?