Executive stock options can be taxed in instalments

The Ministry of Finance and the State administration of Taxation May 18 announced the notice that the executives of listed companies to obtain stock options in the right to pay tax is indeed difficult, by the competent tax authorities audit, can be from the date of its stock options line, in no more than 6 months period of time to pay individual income tax.　　According to the Ministry of Finance, some local tax authorities have reflected that because of company law and securities law to transfer the shares of the company to the directors, supervisors and senior managers of listed companies, there are some restrictions on the time limit and quantity ratio, which leads to the lack of sufficient funds to pay taxes in time. The Ministry of Finance and the State administration of taxation in the above notice request, the listed company executive personnel obtains the stock option income, should according to "the Ministry of Finance State Administration of taxation on individual stock option income levy personal income tax issue notice" and "the State administration of taxation on individual stock options income to pay personal income tax related issues To calculate the taxable amount of individual income tax. Other equity incentive methods shall be carried out in reference to the notice.