'Competitiveness agenda' to address taxation of
employee share options
The Coalition government plans within weeks to release details
of its plans for promoting tech startups in Australia, including
changes to employee share option (ESOP) taxation rules, as part of
a wide-ranging economic reform package.
The proposals will arrive amid frustration by the startup scene
over the long wait for key regulatory changes and more detail on
government funding for entrepreneurs.
"In the coming weeks the government will release details of
its 'competiveness agenda', which will provide the
blueprint for industry and economic growth," according to a
Department of Industry spokesperson.
"Some of the proposals before the taskforce working on the
competitiveness agenda have included employee share schemes, IP,
competition policy and barriers to trade and investment."
