Income Tax Assessment Act 1997
CHAPTER 2
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LIABILITY RULES OF GENERAL APPLICATION
PART 2-40
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RULES AFFECTING EMPLOYEES AND OTHER TAXPAYERS RECEIVING PAYG WITHHOLDING PAYMENTS
Division 83A
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Employee share schemes
Subdivision 83A-D
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Deduction for employer
Guide to Subdivision 83A-D
SECTION 83A-200 What this Subdivision is about
View history note
Hide history noteSECTION 83A-200 What this Subdivision is about
You can deduct an amount for shares, rights or stapled securities you provide to your employees under an employee share scheme if they are eligible for a reduction in their assessable income under section 83A-35 . The amount you can deduct is equal to that reduction.
You must defer any deduction you are entitled to for amounts you provide to finance your employees acquiring interests in shares, rights or stapled securities under an employee share scheme until the employees have actually acquired those interests.
| Operative provisions | |
| 83A-205 | Deduction for employer |
| 83A-210 | Timing of general deductions |
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