I participated in company's stock purchase plan. I received a 10% discount on the price. What cost do I report to CRA. The market value cost or the 10% deducted cost.

1111

1 Best answer

Level 13

Oct 30, 2019 8:08:22 PM

The amount of your discount is considered a taxable benefit and should be listed on your T4 as such. If you haven't exercised those shares, that's all you need to do.

Here is a link for more information: http://docs.quicktaxweb.ca/ty10/english/text/en/common/tax/espp_enter_sale.html

Level 13

Oct 30, 2019 8:08:22 PM

The amount of your discount is considered a taxable benefit and should be listed on your T4 as such. If you haven't exercised those shares, that's all you need to do.

Here is a link for more information: http://docs.quicktaxweb.ca/ty10/english/text/en/common/tax/espp_enter_sale.html

Why sign in to the Community?

I participated in company's stock purchase plan. I received a 10% discount on the price. What cost do I report to CRA. The market value cost or the 10% deducted cost.