Tax Laws Amendment (2009 Budget Measures No. 2) Act 2009 (133 of 2009)

Schedule 1   Employee share schemes

Part 2   Consequential amendments

Income Tax Assessment Act 1997

75   Subsection 995-1(1)

Insert:

TFN withholding tax (ESS) means tax payable in accordance with section 14-155 in Schedule 1 to the Taxation Administration Act 1953.

Note: ESS is short for employee share scheme.