Questions and Answers
Foreign Worker in Ireland with Share Options
Q. I am a foreign worker on secondment for 5 months for an Irish company. As part of my package for this work, I have been given share options. Will I have to pay tax in Ireland?
The short answer is yes you will have to pay tax in connection with these share options.
Even though you are not deemed as being tax resident in Ireland these share options would be seen as being payment in connection with an Irish employment. As a result, any gains/income associated with these shares will be liable to tax in Ireland.
You may also be liable to tax on these share options in your country of residence but you could qualify for some form of tax credit for the Irish tax paid.
Date published 6 Apr 2017
This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.Choose the right accounting firm for you
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