Concessional Valuation Methodology for ESS Start-Ups
As foreshadowed in our 18 November 2014 tax bulletin, amendments in relation to employee share scheme (ESS) tax liabilities have been enacted with effect from 1 July 2015. Excitingly in relation to Start-Ups, the ATO has just published a Legislative Instrument (and Explanatory Statement) relating to the methods for valuing unlisted ESS shares , which [...]