Final Regulations on Sections 6039 and 423: Implications and Action Items

Learn what you need to do to comply with the final regulations on Sections 6039 and 423 of the Internal Revenue Code!

Wednesday, January 20, 2010

4:00 – 5:30 pm, eastern time [archive and transcript to follow]

Webcast Materials

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The IRS recently issued its highly anticipated final regulations on Sections 6039 and 423 of the Internal Revenue Code. The final regulations clarify the information return and information statement requirements under Section 6039 for incentive stock options and employee stock purchase plan (ESPP) transactions and address a number of areas of uncertainty with respect to ESPP design and administration, including eligibility requirements for plan participants, determination of grant date and the application of the $25,000 limitation. This webcast will review the final regulations and will discuss what companies need to do to bring their plans into compliance with them.

Featured panelists:

• Thomas Scholz,Assistant Branch Chief, Executive Compensation Branch, Office of Division Counsel/Associate Chief Counsel (Tax Exempt and Government Entities), IRS
• Helen Morrison, Acting Deputy, Office of Benefits Tax Counsel, Department of the Treasury
• Ed Burmeister, Partner, Global Equity Services, Baker & McKenzie
• Barbara Baksa, Executive Director, NASPP
• Steven Zweigbaum, Product Manager, E*TRADE Corporate Services

Among other topics, this program will cover:

• The effective dates of the final regulations
• Key changes from the proposed regulations under Section 423, e.g. $25,000 limit application, separate offerings for non-U.S. participants
• Implementation and compliance recommendations
• What information gets reported and why on Section 6039 returns and information statements
• Important considerations that apply to electronic filings under the regulations

How to access the webcast: Visit Naspp.com on the day of the program and click the link for the webcast. You need either Real Player or Windows Media to listen to the webcast. An audio archive and transcript of the webcast will be posted after the live program.

Cost: There is no charge for this program if you are a member of the NASPP for 2010. If you do not have a 2010 NASPP membership, renew or try a no-risk trial membership today to access the webcast for only the cost of membership. The cost for non-members is $595.

Registration: Advanced registration is not required for NASPP members.  Non-members can email naspp@naspp.com or call (925) 685-9271 to register for the program.

If you can’t access the live program:  If you have a scheduling conflict or have problems accessing webcasts generally (due to firewalls, etc.), an audio archive will be posted immediately following the conclusion of the live program and a text transcript will be posted within two weeks.