RE:RBC etcRidethewinners,
First, I'll thank you for your reply.
Also I 'll emphasize that although your points could be correct with respect to officers and directors exercising options, I do have to point out that officers and directors tend to first sell any previously purchased and "in the money" company equities and then take those monies derived from the disposition of said company equities in order to exercise and then pay for what are presently "in the money" and about to expire (during Januay 29, 2023 of course) share purchase options.
I'd expect that it is It in the selling of the previously acquired and "in the money" company equities or any recently acquired "in the money" company equities during the calendar year 2023 that the personal income tax liabilities implications come into play for the 2023 income tax period.
Should the previously named officers and directors in question be deriving taxible income or what would be classified capital gains type income from additional sources during the calendar 2023 income tax period and should they wish to stagger what would ultimately be considered taxable income liability into the calendar 2024 income tax period for whatever supportable reasons, the shares in question and/or the share purchase options in question would need to be disposed of and excercised respectively during calendar 2024. In that way, a near full year would have to pass before the income tax liability or liabilities described would need to be addressed. Ultimately what we are both speaking to are personal taxation liabilities planning and personal taxation liability deferring measures.