股权激励个人所得税政策优化:国际比较的视角

Optimization of Individual Income Tax on Equity Incentives:An International Comparative Perspective

英美等发达国家依据持有时间、激励对象、行权金额等,针对股权激励计划中的不同要素分类施策,并科学界定所得性质与征税环节,使个人所得税政策与股权激励目标高度契合。我国股权激励所得税政策有待进一步完善,可在现行股权激励税制设计下,针对非上市公司和上市公司政策进行调整,考虑适当放宽非上市公司股权激励个人所得税优惠政策的适用条件,实行分类分级的股权激励个人所得税政策,增加个人所得税政策涵盖的股权激励工具,提高政策适配性。

Developed countries such as the United Kingdom and the United States classify the policies according to the different elements of the equity incentive plans based on the holding time,incentive targets and exercise amount.They scientifically define the nature of income and taxation aspects,so that the individual income tax policies are highly compatible with the objectives of equity incentives.China’s equity incentive income tax policy needs to be further improved.Under the current tax system,the policy can be adjusted for non-listed companies and supervisory companies.Consider appropriately relaxing the conditions for the application of preferential personal income tax policies for equity incentives of non-listed companies,implement a categorized and graded personal income tax policy for equity incentives,increase the number of equity incentive instruments covered by personal income tax policies and improve the policy adaptability.