October 23, 2024

Stock-based compensation: Tax forms and implications for both US residents and non US residents

Many companies provide stock (i.e., equity) compensation packages to employees. From an employer’s perspective, there are many benefits. First, it helps the company avoid paying higher cash salaries. Second, stock compensation can assist with retention, because employees are more likely to stay at a company to avoid forfeiting stock options. Lastly, providing employees with stock […]

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UK Companies owned by trusts offer better confidentiality than other jurisdictions

  The registered beneficial owner of a UK company owned by a trust is only the trustee. Other jurisdictions, including UK overseas territories (BVI, Cayman, etc) and crown dependencies (Jersey, Isle of Man, etc) record the trust’s settlors, protector, trustees and trust’s beneficiaries. This is because the UK registers Person of Significant Control, rather than

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