TOKYO -- Japan's tax authority will clarify that income from a type of stock option offered by companies carries a tax of up to 55%, Nikkei has learned, with a likely impact on startups that have assumed a much lower rate.
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Stock options in Japan to face higher tax after agency clarifies rule
New guidance to say benefit is taxed at up to 55%, not 20%
About 800 companies in Japan use employee stock option trusts as a way of paying workers. © Reuters
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