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Edited version of private advice
Authorisation Number: 1052057655393
Date of advice: 11 November 2022
Ruling
Subject: Employee share scheme
The Commissioner provided advice in regard to the superannuation guarantee consequences of shares transferred to employees and the payment of taxes to the Commissioner.
This advice applies for the following period:
Year ended 30 June 20XX
The arrangement commences on:
20XX
Relevant legislative provisions
Income Tax Assessment Act 1936 former Part III Division 13A
Income Tax Assessment Act 1997 Division 83A
Income Tax Assessment Act 1997 section 83A-10
Fringe Benefits Tax Assessment Act 1986 subsection 136(1)
Superannuation Guarantee (Administration) Act 1992 subsection 6(1)
Superannuation Guarantee (Administration) Act 1992 subsection 11(3)