Services for Executives
Catey has developed unique competence working with U.S. companies based in Europe. When these companies implement U.S. style compensation plans for their local employees it can cause hidden liabilities and multi-jurisdictional implications.
In our experience the single most important issue for the European executive community is the U.S. estate or inheritance tax risk. The cause of this problem is a combination of high concentration of wealth in stocks of the employer and a lack of legislation on double taxation for estates/inheritance.
U.S. estate tax risks
When participating in an stock purchase or stock options plan you should be aware of the risks and consequences with regard to U.S. estate taxes.
Please find letters from banks varning its clients of this danger.
UBS Estate Tax Letter (English .pdf, 168kb)
UBS Estate Tax Letter (German .pdf, 123kb)
UBS Estate Tax Letter (French .pdf, 127kb)
Credit Suisse Estate Tax Letter (English .pdf, 66kb)
Credit Suisse Estate Tax Letter (German .pdf, 70kb)
Credit Suisse Estate Tax Letter (French .pdf, 66kb)
Want to know more?
If you are an executive and would like to know more about our services or have specific questions, follow the link below to get the contact details.
Executive movement
Relocation is not an uncommon issue among the executive community.
However, less known are the potential consequences related to the equity compensation plans it may have. This is due to the fact that taxation on stock options and capital gains differ from country to country or state/canton.
Furthermore, many companies make special agreements with local tax authorities on taxation which then need to be taken into consideration.
Executive Movement (English .pdf, 45kb)
