PROPOSED TAX CHANGES FOR SHARE SCHEMES: DOUBLE TAX FOR NO GOOD REASON?
Tuesday, July 19, 2016
The 2016 Draft Taxation Laws Amendment Bill (TLAB) and 2016 Draft Taxation Laws Amendment Bill (TALAB) propose certain share scheme changes. According to the National Treasury Media Statement of 8 July 2016, these changes are aimed at “addressing the circumvention of rules dealing with employee share incentive schemes”.
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