Exposure Draft - Taxation of Employee Share Schemes (Application and Transitional Provisions) |
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Date: |
Tuesday, 15 September 2009 | ||||||
Content ID: |
1622 | ||||||
Abstract: |
On 1 July 2009, the Government issued a Policy Statement, setting out the final taxation treatment of share and rights acquired under employee share schemes, to apply from that date. On 24 July 2009, the Assistant Treasurer announced further industry consultations including release of an exposure draft and Board of Taxation consultation on technical aspects of the package. An exposure draft package was released for comment on 4 August 2009. We are now consulting on the application and transitional provisions, which were not included in the exposure draft of the first mentioned Bill. [For information on the Board of Taxation’s consultation on technical aspects of the rules see www.taxboard.gov.au.] Making a submissionInterested parties are invited to comment on the application and transitional provisions, and accompanying explanatory materials. While submissions may be lodged electronically, by post or by facsimile, electronic lodgment is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted. All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment. A request made under the Freedom of Information Act 1982 (Commonwealth) for a submission marked 'confidential' to be made available will be determined in accordance with that Act. Closing date for submissions: Tuesday, 22 September 2009 Address written submissions to: Email: ESSreforms@treasury.gov.au For inquiries, please call Chris Leggett on (02) 6263 3208 |
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Documents Available: |
 Acrobat (PDF)Exposure draft – application and transitional provisions 26.37kbExplanatory materials - application and transitional provisions 37.36kb  Microsoft Word (RTF)Exposure draft – application and transitional provisions 214.01kbExplanatory materials - application and transitional provisions 425.08kb |
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