Taxes

Where can I find the tax slip for my exercise?

In Canada, the difference between the fair market value (FMV) of the shares on the day you exercise the option(s) and the amount you pay for the shares (the exercise price or strike price) is considered to be a security options benefit. The security options benefit is taxable to you as employment income in the year the option exercise takes place and is reported to you on the T4 tax slip.

If shares are sold upon exercise, the U.S, participants will receive a Form 1099-B that reports the proceeds of the sale that can be found under the Tax Documents tab.

As an employee, it is your responsibility to understand all tax implications affecting your equity and/or share purchase holdings. Morgan Stanley does not provide tax advice. Please consult your tax advisor about your particular circumstances.