On January 1, 2021, an entity grants five employees 1,000 share options as compensation for their commendable past performance. The share options are exercisable immediately at an exercise price of ₱70, but will expire after two years' time. The fair value per option on grant date is ₱60. As of year-end, no employee has yet exercised its share option. How much is the salaries expense of the year ended January 1, 2021?
On January 1, 2021, an entity grants five employees 1,000 share options as compensation for their commendable past performance. The share options are exercisable immediately at an exercise price of ₱70, but will expire after two years' time. The fair value per option on grant date is ₱60. As of year-end, no employee has yet exercised its share option. How much is the salaries expense of the year ended January 1, 2021?
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter17: Business Tax Credits And The Alternative Minimum Tax
Section: Chapter Questions
Problem 5CE
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On January 1, 2021, an entity grants five employees 1,000 share options as compensation for their commendable past performance. The share options are exercisable immediately at an exercise price of ₱70, but will expire after two years' time. The fair value per option on grant date is ₱60. As of year-end, no employee has yet exercised its share option. How much is the salaries expense of the year ended January 1, 2021?
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