3 ms·
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
by 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.