New International Tax Arrangements (Foreign-owned Branches and Other Measures) Act 2005 (64 of 2005)
Schedule 4 Cross border employee shares or rights
Part 1 Amendments
Income Tax Assessment Act 1997
36 At the end of section 136-40
Add:
(4) This section does not apply to a *share or right if:
(a) it is a *qualifying share or a *qualifying right; and
(b) you have not made an election under section 139E of the Income Tax Assessment Act 1936 covering the share or right; and
(c) the *cessation time for the share or right has not occurred.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
