August 29, 2013
After the Grant
For today’s “Meet the Speaker” interview, we feature an interview with Jon Doyle of International Law Solutions, who will lead the session “After the Grant: Staying Compliant” at the 21st Annual NASPP Conference. Here is what Jon had to say:
NASPP: Why is ongoing global compliance a hot topic right now?
Jon: Companies spend a great deal of time and money when they initially to offer their stock plans around the world. However, even when no new grants are made, there is an increasing amount of ongoing tax and regulatory compliance requirements that arise after the initial grant. Our panel of seasoned experts will discuss these ongoing compliance requirements, as well as the most efficient and cost-effective ways to comply with and to stay on top of the increasing number of compliance obligations around the world.
NASPP: What common mistake do companies make when issuing awards outside the United States?
Jon: They fail to sufficiently focus on the ongoing tax and regulatory obligations following the intial grants.
NASPP: What is the worst horror story you can tell relating to global compliance?
Jon: We worked with a very large multinational company some years ago that failed to report and withhold taxes on stock plan benefits for more than a decade in more than 20 countries. A considerable amount of time and money was spent to correct the situation.
NASPP: What is your favorite NASPP Conference memory?
Jon: Playing BlackJack with clients and friends at the 14th Annual NASPP Conference in Las Vegas.
About the NASPP Conference
The 21st Annual NASPP Conference will be held from September 23-26 in Washington, DC. This year’s program features 60+ sessions on today’s most timely topics in stock compensation; check out the full agenda and register today! You don’t want to miss Jon’s session, “After the Grant: Staying Compliant.”