You raise an interesting question;
not "does he know" but how does he/did he handle the "income" from
VKML/UPOT?
WAG: Payment was made to use name. Not a problem, got cash, owe some tax on it, pay it.
The award of stock is a stickier wicket. Is it all taxable when issued?
For sure the issued and vested share are income. What valuation gets to be
a problem. Price at date of issue, date of vesting, end of year, ... ?
The other problem is there was no cash accompanying the shares. (that we know of).
NB:Also is this income taxable in BC and/or Canada? If payment for use of name
came from a BC source, to a Canada citizen, I think there maybe tax consequences in Canada.
