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Global Rewards Update: Australia – 13 October 2009

Draft transitional guidelines on employee share plans released

This Global Rewards Update addresses the transitional guidance released by the Australian Federal Government with respect to awards granted prior to 1 July 2009. Specifically, we have highlighted those aspects of both the current law, and the new law, that will apply where taxation of those awards is deferred to 1 July 2009 or after.

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