A focus on topical tax issues - June 2016
Capital gains tax on shares? Inland Revenue proposes changes to Employee Share Schemes
Late last year Inland Revenue raised some alarm when it issued a Revenue Alert indicating that it had concerns over various employee share schemes, going so far as suggesting they may constitute tax avoidance. They have now released an Officials’ issues paper to seek feedback on proposals to significantly change the rules relating to the taxation of employee share schemes.
Tax Alert June 2016