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Re:Email from Jeff Bezos to employees by PeterStuer on Wednesday February 03, 2021 @03:15AM (#26011659)
Depends on the country/jurisdiction. In some places it is upon issue, in some places it is upon exercise or a mix thereof.

Sadly over here in Belgium a non trivial tax (18%, but it varies according to some parameters such as runlenght) is due upon issue, turning stock options into a potential substantial risk.

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