Stock Option (Singapore) infotype (0739) 

Use

Use this infotype to record information on the different Stock Option Schemes, under which an employee holds company stocks.

In the SAP System, the Stock Option Schemes are associated with their equivalent Stock Option Plans. These plans are as specified by the tax authorities. You associate the different Stock Option Schemes  with their relevant Stock Option Plans in the Maintain Plan Scheme Assignment table view (V_T5RSOP_PL_SCH). The system displays these schemes as subtypes of the Stock Option (Singapore)infotype (0739).

In this infotype, you can maintain information such as the:

·        Grant Price of the stocks

·        Total number of stocks granted to the employee

·        Number of stocks exercised or vested by the employee

·        Price at which, the employee exercised or vested the stocks

·        Date on which, the employee exercised or vested the stocks

·        Employment details of the employee. You can specify if the employee was working in Singapore at the time of grant of stocks.

The Stock Options (Singapore) infotype (0739) also displays the Accounting Year of the exercised or vested stocks. This is the year in which the exercised or vested stock options were reported for taxation.The system generates this information, when you process the Singapore Income Tax IR8A report (RPCT8AR0).

Structure

The Stock Option (Singapore) infotype (0739) has individual subtypes for the different Stock Option Schemes in your company. Stock Option Schemes are the different schemes under which, a company grants stocks to an employee.

To maintain ESOP information, select a scheme associated with the Employee Stock Option (ESOP) Plan as a subtype of the Stock Option (Singapore) infotype (0739). You can maintain ESOP related information within the following tab pages:

●      Grant

●      Exercise

To maintain ESOW information, select a scheme associated with the Employee Share Ownership (ESOW) Plan as a subtype of the Stock Option (Singapore) infotype (0739). You can maintain ESOW related information within the following tab pages:

●      Grant

●      Vesting

The default subtypes and the Stock Option Schemes available in the standard system are:

·        CSOS - Company Stock Options Scheme

·        EESOS - Entrepreneurial Stock Options Scheme

·        ESOS - Employee Stock Option Scheme

If the government announces any new Stock Option Plan(s), you must create them in the system and then associate the new Stock Option Plan(s) with the relevant Stock Option Scheme(s) of your company. All Stock Option Schemes must be associated with their relevant Stock Option Plans.

For more information on configuring Stock Option Plans, Stock Option Schemes, and on associating a Stock Option Scheme to a Stock Option Plan, refer to the IMG under Payroll Singapore ® Tax ® Appendix 8B Reporting.

Integration

Singapore Income Tax IR8A Report (RPCT8AR0) - When processed, this report checks the Stock Option (Singapore) infotype (0739) for the existence of exercised or vested stock options. If an employee has exercised or vested stock options in the current financial year, the report generates the Appendix 8B of the Form IR8A.

If you have used a wage type to maintain information on employee stock options, the report will not generate the Appendix 8B. This is irrespective of whether an infotype record exists for the employee or not.

The report will instead, display the total gains from stock options, under section d8 of the Form IR8A. Even if the wage type is maintained for only one payroll period in the entire financial year, the report will only generate the Form IR8A.

See also:

·        Appendix 8B Reporting

·        Tax Declaration Form IR8A (RPCT8AR0)