• Tax Issues Regarding Internationally Mobile Employees in Europe
  • May 31, 2013
  • Law Firm: Jones Day - Cleveland Office
  • For businesses that employ internationally mobile employees (“IMEs”), or are considering doing so, and who provide (or who may provide) equity incentive compensation (for example, stock options and restricted stock units (“RSUs”)) to their IMEs, there are many tax issues that need to be considered in order to ensure that the relevant employer complies with its tax obligations. Even within the European Union, the issues differ from jurisdiction to jurisdiction, which makes this a particular burden for employers. This Commentary provides an outline of the tax considerations that apply in four major EU jurisdictions (the United Kingdom, France, Italy and Germany) in respect particularly of stock option or RSU grants to IMEs, as an illustration of the issues that employers and employees must tackle.