Internal Revenue Service July 1, 2005 – Federal Register Recent Federal Regulation Documents

Application of the Federal Insurance Contributions Act, Federal Unemployment Tax Act, and Collection of Income Tax at Source to Statutory Stock Options
Document Number: 05-12956
Type: Proposed Rule
Date: 2005-07-01
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document withdraws the notice of proposed rulemaking relating to the application of the Federal Insurance Contributions Act (FICA), Federal Unemployment Tax Act (FUTA), and Collection of Income Tax at Source to incentive stock options and options granted under employee stock purchase plans (collectively referred to as ``statutory stock options'') that was published on November 14, 2001. This withdrawal affects employers that grant these options and employees who exercise these options.