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Double Taxation
Tax liability on the same income in more than one tax jurisdiction. With equity compensation, double-tax liability can happen when an employee lives in two different countries or US states during the life of an equity award. For example, an employee may live in one state or country when stock options are granted and vested, and in another state/country at the time of option exercise, which triggers taxable income. Fortunately, many states and countries have provisions, agreements, or treaties that provide relief against double taxation. These can, for example, allow you to claim a credit for taxes paid abroad on income that was derived outside the United States but is still subject to US tax. See FAQs on the taxation of equity awards for internationally mobile employees and for mobile employees within the US who have stock options or restricted stock/RSUs.
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