Foreign Assets Reporting Information. Optionee is required to declare foreign bank accounts and any foreign financial assets (including Shares subject to the Option held outside India) in his or her annual tax return. It is Optionee’s responsibility to comply with this reporting obligation and Optionee should consult with his or her personal tax advisor in this regard.
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Samples: Exercise Agreement (Ouster, Inc.), Exercise Agreement (Ouster, Inc.)
Foreign Assets Reporting Information. The Optionee is required to declare foreign bank accounts and any foreign financial assets (including Shares subject to the Option held outside India) in his or her annual tax return. It is the Optionee’s responsibility to comply with this reporting obligation and the Optionee should consult with his or her personal tax advisor in this regard.
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Samples: Stock Option Agreement (Trimble Navigation LTD /Ca/)
Foreign Assets Reporting Information. The Optionee is required to declare foreign bank accounts and any foreign financial assets (including Shares subject to the Option held outside India) in his or her annual tax return. It is the Optionee’s responsibility to comply with this reporting obligation and the Optionee should consult with his or her personal tax advisor in this regardregard as significant penalties may apply in the case of non-compliance. OPTIONEES IN IRELAND There are no country-specific provisions.
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