CA & US tax on company stock options

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Joined: Mon May 09, 2022 10:03 pm

CA & US tax on company stock options

Post by cwoo92 »

Hello. I'm moving from CAN to US for work (will be non-resident in CAN) and I want to know what would be the tax implications on my stock options. I work at a US tech firm and the stock options are granted monthly as NSO. I have a portion granted while living in Canada and will continue to be granted after moving to US.

I'm wondering:
1) In general, do stock options get taxed when they are granted or exercised?
2) For the portion granted in Canada, do you recommend that I exercise them before leaving for US for tax saving purpose? If exercised after I move to US, will it be double taxed by both US and Canada?
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