Singapore Updates Guidance on Tax Treatment of Employee Stock Options and Other Forms of Employee Share Ownership Plans

The Inland Revenue Authority of Singapore has published an updated e-Tax guide, Tax Treatment of Employee Stock Options and Other Forms of Employee Share Ownership Plans (Sixth Edition). The guide covers the tax treatment of the gains and profits derived from employee share options (ESOP) and other forms of Employee Share Ownership (ESOW) plans granted on and after 1 January 2003, as well as the relevant administrative requirements. For shares granted on or after 1 January 2003 under any ESO…