John Norrie
Joined: 8/22/2024
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Tax on private compamy stock options
Hi! I am leaving my current company and with it I can buy some stock options which I have vested over the years. The company is not yet public and so there is no market price for this stock at the point of excercise. How (if at all) is income tax applied in this case? Is it applied on the difference between the strike price and the newest evaluation value at the point of exercise (Similar to the FMV for public stock)? Thanks.