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Jennifer Kirk

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Jennifer Kirk is a partner in Baker McKenzie’s Employment & Compensation Practice, with a focus on global equity services. Jennifer is currently Secretary and Board member of the Global Equity Organization, as well as a member of the National Association of Stock Plan Professionals. She is a frequent speaker on global equity plan issues.
Prior to re-joining the Firm, Jennifer was Director of Global Equity Management at Alphabet, Inc./Google Inc. for almost 8 years. She previously had been a partner in Baker McKenzie's Global Equity Services group.

Changes to the capital gains inclusion rate and the employee stock option deduction rate (as proposed in Budget 2024) will apply to stock options exercised and shares sold on or after 25 June 2024. The new measure reduces the stock option deduction and capital gains tax exemption from 1/2 of the taxable amount to 1/3 of the taxable amount, if an individual’s annual combined limit of CAD 250,000 has been exceeded. The individual taxpayer can choose how to allocate the preferential tax treatment between the stock option income and capital gains to the extent the combined limit has been exceeded.