Yes. When you declare equity events in Remote Equity , such as grants, exercises, or vesting, you’ll receive support from Remote with local tax and reporting obligations.
However, Remote can only fulfill tax obligations as the employer if the team member is employed through Remote at the time of the taxable event (e.g. when shares are exercised or vest).
The level of support depends on the country where the team member is employed, as tax handling rules vary across jurisdictions.
Examples:
- A team member employed through Remote exercises their stock options. In France, the employer (Remote) is responsible for reporting taxable gains related to equity. Remote will withhold the required taxes and report the gain to the French tax authorities on your behalf.
- A team member employed through Remote exercises their stock options. In Portugal, individuals are usually responsible for reporting equity gains in their annual tax return. Even though Remote is not required to withhold or report the tax, we’ll support you and your team member with guidance on how to report it correctly.
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