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Are recent legislative amendments following McNeil's case right for the job?

Publication date: 03 Feb 09 | Source: KEEPING GOOD COMPANIES

Issue: February 2009

Pages: pp.50-52

Abstract:
Recent amendments to tax law may prevent the value of rights in the nature of call options from being included in assessable income.

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Author profile

Shaun Cartoon FTI
Shaun advises on a broad range of taxation issues in corporate, international and employment taxation, with a focus on M&A, capital management, employee share plans and superannuation. He also has experience in tax audits and disputes and has been involved in the carriage of tax cases through the Australian courts. Shaun is a member of Allens' Accelerate, an initiative aimed at providing cost efficient tax and legal services to high growth startup companies in Australia. - Current at 24 April 2017
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