TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Tax Treatment of Restricted Shares Acquired by Directors and Employees

An explanatory leaflet (IT 73) has also been published by Revenue which describes the tax treatment for individuals in receipt of shares from an employer whereby the employee is prohibited from disposing of the shares for a specified period exceeding one year.

This leaflet sets out the following:

  • the income tax treatment on the acquisition of restricted shares by a director or employee,
  • the income tax treatment on the alteration or lifting of restrictions on restricted shares acquired by a director or employee, and
  • the capital gains tax treatment on the disposal of restricted shares.

For full details see www.revenue.ie