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24 June 2019

Canada provides update on proposed changes to employee stock option rules

On 17 June 2019, Canadian Finance Minister Bill Morneau tabled a Notice of Ways and Means Motion (NWMM) that contains proposed changes to the tax treatment of employee stock options that were announced in the 19 March 2019 federal budget. The proposals include a CA$200,0001 annual limit on employee stock option grants that can receive the tax-preferred treatment available under the current employee stock option rules.

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