Master in Accounts & high court Advocate
8991 Points
Joined December 2011
For a resident employee:
Taxation of RSUs: Generally, RSUs are taxed as ordinary income when they vest. The value of the shares at vesting is considered taxable income.
Holding Period: For capital gains tax purposes, the holding period typically starts when the shares are vested and received.
Value in dollars: If the shares are in a foreign currency, the value in dollars would typically be calclated using the exchange rate at the time of vesting for inocme tax purposes, or at the time of sale for capital gains calculations.
Specifics can vary based on:
the tax laws of the employee's country of residence (e.g. India for Rajat Jain).
Any tax treaties between the countries involved.
The specifics of the RSU plan and the foreign company's policies.