Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: due date for vat payment :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: VAT Audit :: empanelment :: form 3cd :: cpt :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: TDS :: articles on VAT and GST in India
News Headlines »
 CBDT issues second round of Certificates of Appreciation to tax payers for their contribution towards Nation building
 FinMin looks at cut in corporation tax
 Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-Chapter XII-EB of the Income-tax Act, 1961- reg.
 India is moving towards a flawed GST
 ICAI to organise two-day international conference in Hyderabad
 Here's how to calculate tax payable on your capital gains
 Income Tax calculations for the financial year 2016-17
 CPE Events 17 October - 22 October 2016
 High Court raps I-T Department for wrong tax demand
  CBDT signs 5 advance pricing pacts with Indian taxpayers
 Finance ministry warns tax officials of action against GST protest

D St FBT maths may hold for foreign listings
October, 25th 2007
Valuation guidelines for fringe benefit tax (FBT) on employee stock options (Esops) may be tweaked slightly. Companies listed on select international stock exchanges may get to follow the norm meant for listed companies in India as the government may include select overseas exchanges in the list of recognised bourses.

Several MNCs have issued stock options of the parent, listed on an overseas stock exchange, to employees of Indian subsidiaries. In fact, some Indian companies in the IT sector are also listed abroad. At present, these companies will have to follow the guidelines meant for unlisted companies, sources said.

Tax experts said the move would make it easier for foreign companies, as they will not have to get a valuation done for the overseas parent.

The government should consider at least some select overseas stock exchanges for MNCs on par with recognised stock exchanges for valuation purposes, Ernst & Young partner Amitabh Singh said.

According to BMR & Co partner Mukesh Butani, the guidelines had raised doubts if stock options given by foreign companies were covered under FBT, even though it was intended in the legislation. The move will clear the air, he said.

As per the Central Board of Direct Taxes (CBDT) norms notified on Tuesday, the fair market value (FMV) would be average of the opening and closing price on the date of vesting of option in the case of companies listed on recognised stock exchanges.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions