coffee73 Hopkins
Joined: 5/9/2024
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RE: Tax on ESOP (Employee Stock Option) foreign income
Hello HMRC Team, I am a UK citizen and UK resident working for a US company via an Employer of Record in the UK. I have NSO employee stock options issued by this US company. The strike price is very low, and the current fair market value is much lower than the company could end up being acquired for. I expect there to be an acquisition within 12 months. If I were to exercise my options now, and the company is acquired within 12 months, what tax would I be liable for? And would I also be liable for tax in the US? Many thanks