A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
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The special rules
Part 4-2
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Special rules mainly about supplies and acquisitions
Subdivision 84-A
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Offshore supplies that are taxable supplies, and
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reverse charged
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, under this Subdivision
84-14
Supplies relating to employee share ownership schemes
This Subdivision does not apply to a supply, to the extent that it is a supply relating to an * employee share scheme , if:
(a) the * recipient of the supply is not an entity that has acquired, or may in the future acquire, an ESS interest (within the meaning of the * ITAA 1997 ) under the scheme; and
(b) Subdivision 83A-B or 83A-C of the ITAA 1997 applies to any ESS interest (within the meaning of that Act) acquired under the scheme; and
(c) either:
Note:
The special rules in this Part mainly modify the operation of Part 2-2 , but they may affect other Parts of Chapter 2 in minor ways.
Division 84 - Offshore supplies
View history note
Hide history noteThis Subdivision does not apply to a supply, to the extent that it is a supply relating to an * employee share scheme , if:
(a) the * recipient of the supply is not an entity that has acquired, or may in the future acquire, an ESS interest (within the meaning of the * ITAA 1997 ) under the scheme; and
(b) Subdivision 83A-B or 83A-C of the ITAA 1997 applies to any ESS interest (within the meaning of that Act) acquired under the scheme; and
(c) either:
(i) the * recipient of the supply is a * 100% subsidiary of the supplier; or
(ii) the supply is a transfer that is taken to be a supply because of section 84-15 .
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