©2007 Baker & McKenzie 12 French-qualified Awards – Employee Taxation differs for Options / RSUs RSUs Sale after 2 years vesting AND 2 year from share issuance –Under EU20,000 – currently exempt –EU20,000+ FMV of shares at vesting/issuance – Either 41% (30%, plus 8.2 CSG,.5% CRDS, 2% special and.3% add'l tax) or if less, employee's marginal rate plus 11% social taxes Gain from issuance of shares – 27% rate Note: you do not get 27% on all income as with options and if sale prior to vesting/share holding periods, then entire amounts disqualified
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