Rethink needed on employee share plans

by Employee Share Ownership on April 19, 2013

2 April 2013 | Lisa Macnamara, The Australian

There are calls for an overhaul of the tax arrangements for employee share plans to reverse a significant decline in employee ownership.

A report by Employee Ownership Australia and New Zealand, the body representing broad-based employee ownership, says tax legislation introduced in 2009 has cut share plan participation and the amount of capital invested, damaging productivity and innovation.

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