Legislation

ITAA 1936 s as the shares are acquired in respect of, or for or in relation directly or indirectly to, the employment of the taxpayer, the consideration for the acquisition is less than their market value at the time of acquisition, and the acquisition is not the result of exercising employee share scheme rights that the taxpayers acquired (subsections 139C(1), 139C(3) and 139C(4)

ATO documents that consider ITAA 1936 s as the shares are acquired in respect of, or for or in relation directly or indirectly to, the employment of the taxpayer, the consideration for the acquisition is less than their market value at the time of acquisition, and the acquisition is not the result of exercising employee share scheme rights that the taxpayers acquired (subsections 139C(1), 139C(3) and 139C(4)