This is actually a pretty good summary: http://www.taxplanningguide.ca/tax-planning-guide/section-1-businesses/the-taxation-stock-options/ http://www.taxplanni

This is actually a pretty good summary: http://www.taxplanningguide.ca/tax-planning-guide/section-1-businesses/the-taxation-stock-options/ http://www.taxplanningguide.ca/tax-planning-guide/section-1-... Not, the 50% income deduction also applies to non-CCPC shares if the circumstances are right, which brings the income tax down to approximately capital gains... which at least softens the blow a bit.