Income tax exemption will be granted
under the ERIS (All Corporations) for up to $1 million
of stock option or share award gains arising from the
exercise of the employee's options over a 10-year period,
which begins from the year the employee first exercises
his options. Of the $1 million worth of stock option
gains, the first $2000 annual gains will be fully exempt,
while 25% of the remaining annual gains will be exempt.
ERIS (SMEs)
Income tax exemption will be granted
under the ERIS (SMEs) on 50% of up to $10 million in
stock option or share award gains arising from the exercise
of the employee's options over a 10-year period, which
begins from the year the employee first exercises the
options.
ERIS (Start-Ups)
Income tax exemption will be granted
under the ERIS (Start-Ups) on 75% of up to $10 million
in stock option or share award gains arising from the
exercise of the employee's options over a 10-year period,
which begins from the year the employee first exercises
his options.
More details on these schemes and
their qualifying conditions can be found on IRAS's website
www.iras.gov.sg
