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Cola123(Newbie)Newbie
7 June 2024

Hi,

I've been granted RSUs in the company that I work for, which is a private company that is not publicly traded. If my RSUs vest before the company holds its IPO - are the RSUs considered income and do i have to pay tax on them? Its my understanding that i cant sell them and they have no actual value until the company lists publicly on the stock exchange.


Thanks,

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998 views
1 replies

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Most helpful reply

AriATO(Community Support)Community Support
14 June 2024

Hi @Cola123


It depends on what your agreement with your employer is as to whether you can sell them or otherwise. It should have all that info. Usually, you'd declare your discount you received for owning them in the year you're taxed.


You can check out more info about Employee share schemes but it's best to read through your agreement first and ask your employer for clarification.

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Most helpful reply

AriATO(Community Support)Community Support
14 June 2024

Hi @Cola123


It depends on what your agreement with your employer is as to whether you can sell them or otherwise. It should have all that info. Usually, you'd declare your discount you received for owning them in the year you're taxed.


You can check out more info about Employee share schemes but it's best to read through your agreement first and ask your employer for clarification.

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