Client Alert

| April 1, 2010

Taxation of Stock Options – International aspects

On March 17, 2010, the French Supreme Administrative Court ("Conseil d'Etat") rendered an important decision addressing the issue of the French tax treatment applicable to gains derived from stock options granted to employees carrying out their activity in multiple jurisdictions.

This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent. For further information on Dewey & LeBoeuf, please visit www.dl.com. +1 888 532 6383