A New Tax System (Goods and Services Tax) Act 1999
84‑14 Supplies relating to employee shar84‑14 Supplies relating to employee share ownership schemes
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84‑14 Supplies relating to employee share ownership schemes
This Subdivision does not apply to a supply, to the extent that it is a supply relating to an *employee share scheme, if: (a) the *recipient of the supply is not an entity that has acquired, or may in the future acquire, an ESS interest (within the meaning of the *ITAA 1997) under the scheme; and (b) Subdivision 83A‑B or 83A‑C of the ITAA 1997 applies to any ESS interest (within the meaning of that Act) acquired under the scheme; and (c) either: (i) the *recipient of the supply is a *100% subsidiary of the supplier; or (ii) the supply is a transfer that is taken to be a supply because of section 84‑15.