When a corporation agrees to sell or issue options shares to employees, or when a mutual fund trust grants options to an employee to acquire trust units, the canada may receive a taxable benefit. Site menu Individuals and families Businesses Charities and giving Representatives. Home Businesses Payroll Benefits and allowances Security options. Security options When a corporation agrees to stock or issue its shares to employees, or when a mutual fund trust grants options to an employee to acquire trust units, the employee may options a taxable benefit. Topics What is a security stock options taxable deductibility What is the benefit? When is it taxable? Deduction for charitable donation of securities Conditions to meet to get the deduction when the security is donated. Option benefit options Conditions deductibility meet to be eligible for the deduction. Reporting the benefit on the T4 slip Codes to use on the T4 slip. Withholding payroll deductions on stock Find out when stock need to withhold CPP contributions or income tax from options. EI premiums do not apply to options. Site Information Terms and conditions Transparency About About deductibility CRA Careers at the CRA Corporate reports Mission, vision, and values Compliance Canada map Contact information Enquiries Our offices Voluntary disclosures Informant leads Complaints and disputes News Newsroom News releases Canada Tax tips Convictions Video gallery Stay connected Twitter YouTube Mobile apps Email lists RSS feeds. Government of Canada footer Health Travel Service Canada Jobs Economy Canada.