• Stock Options for Employees of India Subsidiaries of U.S. Companies
  • May 24, 2004
  • Law Firm: Fenwick & West LLP - Mountain View Office
  • In early May the Reserve Bank of India ("RBI") eliminated the requirement of granting options at a "concessional" price to employees in India subsidiaries of U.S. companies. The elimination of this requirement will provide employees in India subsidiaries of U.S. companies with more certainty on favorable tax treatment on stock option grants received from those companies.