US Stock options | AccountingWEB

US Stock options

Client has just come into the office and handed over US stock options that he has exercised in tax year 2012. Made redundant from Company in 2010/2011.

He has exericed the option and made a gain of circa $ 80 000, but he has paperwork suggesting that Federal US withholding tax had been deducted

Does he still pay UK tax/does this go in his tax return?

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Too many variables to answer this question

paras007 |

Thanks

murphy1 |

Expected position

paras007 |