Business Services Industry
More finessing on share plans.
Australasian Business Intelligence, June, 2009
Byline: Patrick Durkin and John Kehoe
Jun 22, 2009 (The Australian Financial Review - ABIX via COMTEX) -- A workable compromise appears closer on the issue of employee share schemes, with the Australian Government prepared to reverse some of the decisions on taxation announced in the 2008-09 Budget, in time for the end of the current financial year. Critics say the reforms could cause hardship for those required to pay tax now even though the scrip will only be issued to them later on.
Publication Date: 23 June 2009
THE INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA BUSINESS COUNCIL OF AUSTRALIA CORPORATE TAX ASSOCIATION ALLENS ARTHUR ROBINSON CORRS CHAMBERS WESTGARTH
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