Our GES lawyers advise companies seeking to minimize local income tax consequences for employees, including social insurance contributions owed by employees and employers. We can assist clients in obtaining information on local legal requirements for employee tax exemptions and deferral of tax programs that may be available in particular countries. We routinely prepare sub-plans or country-specific option or other agreements designed to provide tax-favored options or purchase rights to employees and to minimize the social insurance obligation of both employees and employers.
We work closely with local counsel to obtain necessary government approval for sub-plans and to obtain rulings on favorable tax treatment of options. We also provide employee tax summaries and other employee communication materials designed to communicate to optionees the tax advantages of certain programs available under local law.