Hi, I have RSU from a foreign company which is listed in Nasdaq. 100 RSU vested on 1st nov and 30 is withheld for tax cover. 1. Are the fmv supposed to be determined by merchant bankers on the day of vesting even though the stock is listed in NASDAQ? And can the FMV from merchant bankers be way different than the FMV as per Nasdaq quotes on the day of vesting? 2. Should I ask for the merchant Bank certificate for FMV? Will truly appreciate your help on this..Thanks.
CAclubindia
