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France: Year-End Tax Reporting Obligations for Employee Share Plans (2025 Fiscal Year)

By and 5 Mins Read

Employer reporting obligations relating to French-qualified awards For French-qualified1 stock options or BSPCEs2 exercised in 2025 and French-qualified RSU vested in 2025, the French employer must prepare an individual statement with the exercise/vesting data to be provided to the beneficiary no later than March 1, 2026. This individual statement has to be used by the beneficiary to report their taxable income in their French annual income tax return due in May/June 2026 if they have sold the shares acquired pursuant…

Annual Filing & Reporting Requirements for Global Employee Share Plans (2025-2026)

By and 1 Min Read

It is almost the end of the calendar year and time for multinational companies to consider the necessary tax and regulatory filings for global share plans triggered by the close of 2025 (or by the end of a local tax year or company fiscal year different from the CY).As you consider the steps your company may need to take to start the new year right, please see our Annual Equity Awards Filing Chart, which describes key employee share plan filing and…

IRS Issues 2025 Transition Relief and Hints at Future Tips and Overtime Information Reporting Obligations

By , and 13 Mins Read

The One, Big, Beautiful Bill Act (OBBBA), enacted July 4, 2025, creates new tax deductions for tax years 2025 through 2028 for recipients of qualified tips and qualified overtime compensation. The OBBBA amendments to the Code generally impose information reporting requirements, such as on Form W-2 or Form 1099, on the payors of qualified tips and overtime in order for the recipients of such compensation to be eligible to take the deductions. However, for tax year…

Tax and Legal Considerations for Global Tender Offers

By , , and 1 Min Read

Private company tender offers and similar liquidity programs have become increasingly common in recent years, offering service providers a way to realize value from their equity awards and/or shares—without requiring the company to enter public markets. Our latest article provides a high-level overview to help privately held companies navigate the tax and legal complexities of launching a global tender offer. Structured in a FAQ format, the piece addresses the most frequent questions and challenges we encounter when U.S.…

One Big Beautiful Bill Act Introduces New Excise Tax on Remittance Transfers

By , and 11 Mins Read

The One Big Beautiful Bill Act, enacted as Public Law 119-21 on July 4, 2025, introduces new section 4475,i which imposes a 1% excise tax on remittance transfers made after December 31, 2025. The provision was initially touted as one that “Makes America Win Again,” because it would affect only certain immigrants. As enacted, however, the excise tax applies equally to all individual taxpayers, whether US citizen, resident, or immigrant. It is unclear just how…

No Tax on Tips or Overtime in the OBBBA: What Employers Need to Know

By , , and 1 Min Read

On July 4, President Trump signed the ‘One Big Beautiful Bill Act’ into law, including provisions reducing federal income tax on qualified tips and overtime compensation. For employers, the new law raises a host of practical questions: In this video chat, our Employment & Compensation and Tax partners unpack this significant development in federal tax policy. Tune in to discover what these changes may mean for your operations, and for practical tips to navigate the new law.…

Senate Passes No Tax on Tips and Overtime Provisions

By and 9 Mins Read

Overview We reported in May on the provisions in the House’s One Big Beautiful Bill addressing two of President Trump’s campaign promises – no taxation of tips and overtime.  The Senate has now passed its version of the One Big Beautiful Bill, which includes its version of these provisions in sections 70201 and 70202.  See our prior blog post here for a detailed discussion of the House provisions.  While the basic structure of the provisions…

No Tax on Tips and Overtime Campaign Promises Take Shape in “One, Big, Beautiful Bill”

By and 7 Mins Read

Overview Above-the-line deductions for qualified tips and qualified overtime While we do not often report on proposed legislation, two provisions in the bill the House Ways and Means voted out of Committee on May 14th (and which was voted out of the House Budget Committee on May 18th) are worthy of attention, as they reflect how two of President Trump’s campaign promises are beginning to take shape. Sections 110101 and 110102 of the Ways and Means…

Getting Ready for Australian Share Plan Reporting

By 3 Mins Read

Deadlines for Australian Share Plan Reports for the Australian tax year ending June 30, 2025 are approaching: Do I need to comply with the ESS reporting requirements? You will be required to comply with the ESS reporting requirements if an ESS deferred taxing point (assuming the award qualified for tax deferral at the time of grant) has happened during the Australian tax year (i.e., between July 1, 2024 to June 30, 2025). Generally, the ESS…

Canada: Liberals Announce They Will Not Pursue Capital Gains/Stock Option Inclusion Rate Increase

By , and 1 Min Read

On the heels of the January 31, 2025 announcement from the Minister of Finance to defer the effective date of the increase to the capital gains/stock option inclusion rate (from 50% to 66.67%) to January 1, 2026, new Prime Minister Mark Carney announced on March 21, 2025 that the liberals would not pursue the legislative change, which effectively means that the capital gains/stock option inclusion rate will remain at its original 50% rate for the foreseeable future. …

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