Originally Published by The TaxLetter Vol. 27, No. 8,  August 2009   www.adviceforinvestors.com

Know your options Receiving shares from your company can cause a lot of stress Eileen Reppenhagen, CGA

An email I received last month included several missives from pensioners with a rather thorny problem. The tax treatment of employee stock option benefit plans and employee share purchase plans are causing a great deal of stress, especially when the employer no longer exists. Employee stock options and share purchase plans are included in S. 7 of the Income Tax Act and explained in IT113 Benefits to Employees – Stock Options. Employers sometimes compensate employees by allowing them to purchase shares in that company. Stock options may be ...  Signup for The TaxLetter and read Eileen's full article every month

Eileen Reppenhagen, CGA, ACG, Certified QuickBooks ProAdvisor, and Honorary Member of the Institute of Professional Bookkeepers of Canada, writes and speaks about accounting and tax.  She is a regular contributor to Canadian MoneySaver, The TaxLetter and Intuit Canada’s Advisor Advantage.  All articles are copyright protected.  Most articles are not available for re-print unless you obtain permission from third parties.  Please respect copyright. For more information or permission to re-print please contact  eileen@taxdetective.ca If you obtain permisison to re-print an article, include this tagline:   "Eileen Reppenhagen, CGA is a Certified QuickBooks ProAdvisor and speaks and writes about accounting and tax.  Contact her at www.taxdetective.ca".