Rob Marshall leads the cross-border executive compensation and benefits practice at McDermott. For over 25 years he has advised public and private companies and their senior executives on executive compensation and equity plan issues on a global basis. Read Rob Marshall's full bio.
Spin-offs have become increasingly popular with innovative companies as a method of unlocking shareholder value, but the transaction is not always tax-free, particularly for international employees holding equity awards or shares. The ability to obtain tax-free treatment in the United States for both the company and shareholders in a spin-off is often attractive. However, the...