ATO employee share scheme fact sheets - new Division 83A - 'real' risk, 'genuine' restrictions, market value and employer reporting

18 June 2010

The ATO released on Wednesday 16 June 2010, several new employee share scheme (ESS) fact sheets. They outline the new employer reporting requirements – the 14 July and 14 August deadlines have not been extended – and provide more guidance on tax deferral requirements and acceptable methods of determining the market value. For our full Tax Brief - click here

These notes are in summary form designed to alert clients to tax developments of general interest. They are not comprehensive , they are not offered as advice and should not be used to formulate business or other fiscal decisions.

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