7 October 2011 Roundtable, 2011-0411951C6 F - Retenues à la source - options d'achat d'actions -- summary under Subsection 153(1.01); Subsection 153(1.01)

In response to questions as to the treatment of an issuance of a net number of shares to an exercising employee so as to permit the employer to cover its s. 153(1.01) obligations through recourse to the balance of the shares covered by the exercised stock options, CRA indicated that it could not respond as this area was undergoing review.