GuerdonNews® Special Edition

15 June 2009

Dear [FIRSTNAME],

Welcome to this special news alert from GuerdonNews®

Submissions to amend the government’s very odd approach to employee share plan taxation

The Australian government responded to universal concerns on their intention to tax employee equity plans up-front, announced on budget night, with an amended approach. These amendments result in an approach that can be described as still very odd.

Friday 12 June 2009 was the closing date for submissions to the Australian Treasury on the government’s proposed amendments to employee share plan taxation. The draft on which comments were sought was released just 7 days prior to the closing date for submissions.

Guerdon Associates’ submission identified very significant adverse consequences of the proposed legislation.

Disclaimer

The information, analysis and opinion in this e-mail and attachments are intended to be for informational purposes only. Analyses are based on information taken from public documents or private surveys, and we do not represent to its accuracy. Guerdon Associates assumes no liability for the use or interpretation of information contained herein. This publication is provided 'as is' without warranty of any kind, either expressed or implied, including, but not limited to, the implied warranties of marketability, fitness for a particular purpose, or non-infringement of third party rights.

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