벤처기업의 주식매수선택권에 관한 고찰 - 미국의 과세제도를 중심으로 -

A stock option was institutionalized in 1997 so as to match the interests of executives and employees with those of shareholders and so as to secure competent personnel. And venture companies are supported with tax benefits by stipulating special treatment in taxation for stock option as a part of policy on nurturing the venture companies in particular. However, though the provisions of related tax laws are continuously complemented and revised, the actual condition is that stock option is meagerly utilized by the venture companies. And it is necessary to examine an additional improvement plan for effective system. In the United States, the stock option system has been put in operation since quite a long time ago. And legal discussion about that has been considerably accumulated. So, the taxation system regarding the stock option gives us ample insights. Therefore, this study examined taxation at stock option in the U.S. for the purpose of showing a problem with taxation at stock option in Korea, especially, the stock option of venture company and an improvement plan. With regard to methods of increasing the corporate competitiveness of venture company, so that stock option is actively introduced and is widely utilized, the simplification of procedure for giving the stock option, taxation according to income type, deduction time for compensation expenses, and the like should be reexamined. And systems should be improved regarding the easing of excessive regulations, allowing the granting of various stock option types, and reasonable tax benefit about exercise price, and so on.