Economy | Taxes

Set a cap on how much can be claimed through the stock option deduction on annual stock option gains higher than $100,000.

Broken

Source: Liberal Platform | Page 80

October 5, 2015

Tuesday March 22, 2016 | Business in Vancouver

Budget 2016: Tech sector 'relieved' after Liberals ditch stock option tax plan

[...] before coming to power in October the party said it would cap the amount employees can claim through stock-option deductions. The previous Conservative government allowed a 50% deduction on the benefit when employees exercised stock options.

By the time the federal budget came out March 22, the Liberals' plan to retool stock-option taxation had been dropped entirely after tech leaders complained the plan would make it harder to recruit talent.