Approximately 78,000 Canadian tax payers took advantage of the stock option deduction in 2007, claiming an average of $53,000 and a total aggregate value of $4,130 million. The amounts they claimed can be broken down further as follows:

  • About 32,000 (41%) claimants earned less than $100,000 and the amount they claimed was only 2% of the aggregate value of the deduction
  • About 38,000 (48%) claimants earned $100,000 to $500,000 and the amount they claimed was 22% of the aggregate value of the deduction
  • About 8,000 (10%) claimants earned more than $500,000 and the amount they claimed was 75% of the aggregate value of the deduction, their average amount being $393,000.4