4 ms·

I wish there was a canadian version of this.

• H8crilA 7y ago
  Most of those things are pretty international. Finance is a very old domain, and as a famous man once said (albeit specifically about speculation, but it also applies to the structure of the contracts): "There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again."
• ska 7y ago
  Canadian isn't much different really in practice, but there isn't an 83(b) equivalent iirc. The specific tax detail vary, but from 30,000 feet it looks pretty similar. Overall it's pretty comparable to the non-SV US. There is less VC & PE money floating around (generally investment is more conservative). Common stock options or grants are going to be a gamble for the same reasons as in the US. Tax wise, you capital rates rather than normal (i.e. 50% treated as regular income). You may get a gain/loss relative to FMV in year you exercise, same as US. Most of the advice carries over directly, mutatis mutandis.