Registration/breakfast/networking: 7:30 a.m. until 8:00 a.m.
Session 1 (“Changes to Statutory Withholding……”): 8:00 a.m. until 8:45 a.m. Session 2: (Issues to Consider with equity plans…”) 8:45 a.m. until 9:30 a.m.
Changes to Statutory Withholding under ASU 2016-09 – Practical Considerations
In March 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-09 which modifies certain aspects of accounting for share-based payments to employees under ASC 718. The guidance was developed as part of the FASB’s simplification initiative to address specific topics in an effort to reduce the cost and complexity of financial reporting. Among other things, the new guidance will allow an employer to retain more of an employee’s shares for tax withholding purposes (up to maximum statutory tax rates) without triggering liability accounting. This session will focus on the new guidance around statutory withholding, including practical considerations for the determination of applicable tax withholding rates for local and cross-border employees.
Issues to consider with equity plans during corporate transactions
Once again we are seeing an increase in corporate transactions activity, acquisitions, mergers, takeovers and private equity investments are all increasing in frequency. Such activity brings with it numerous considerations for the equity compensation plans of those companies involved, these issues can have a significant impact on equity holders and the companies issuing equity if not carefully managed. This session will focus on the best practices to deal with equity compensation during such transactions, particularly focusing on key considerations and risk areas, change in control considerations, considerations outside of the United States for international award holders, treatment of outstanding awards and 280G considerations. There are also considerations that should be addressed within the due diligence phase of any transaction that will be discussed. The session is intended to provide practical guidance for those individuals who manage equity plans, helping them identify and prepare for their role within a transaction.
Presenters: Our presenters will be Jason Jones and Chris Ansley
Jason Jones is a Senior Manager in EY’s People Advisory Services practice in Boston. Jason has more than fifteen years of experience assisting multinational companies across various industries in managing their global equity programs in over 100 countries. He focuses on the tax and payroll issues around global equity, with extensive experience in advising on cross-border equity issues. He assists clients in maximizing the benefits of equity compensation plans to both the company and employees. Jason regularly provides services to clients in the areas of tax due diligence and feasibility analysis, cross-border tax and payroll assistance, recharge and corporate tax deductibility, and employee communications. Jason received a BS degree in Accounting/Finance from Northeastern University.
Chris Ansley is an Executive Director in EY’s People Advisory Services practice and leads the global mobility team in Minneapolis. He has more than 20 years of experience in assisting multinational companies with global compensation and global equity issues. His particular area of focus is specializing in the tax and social security implications of cross border equity and compensation matters. Chris has worked with both publically traded and private companies in assisting them with managing their global stock plans and has assisted companies with managing the alignment of their internal payroll reporting with their recharge processes. Chris has assisted companies with both the due diligence of expanding their stock plans globally, as well as assisting clients mitigate the risks of offering stock plans to mobile employees.
Registration: This meeting is free of charge. To reserve your seat, send an RSVP email to firstname.lastname@example.org
Validated Parking: U.S. Bank Plaza has a 3 level, underground contract/visitor parking garage enterable off of 5th Street between 2nd and 3rd Avenues. Parking exit is located on 6th Street between 2nd and 3rd Avenues. Bring you parking ticket to the meeting to receive parking validation.