The paper recognises the valuation and liquidity issues that are faced by start-up companies and their employees when an ESS benefit arises without a sale or an active market for the relevant shares.
It is still seeking advice on potential changes, as Inland Revenue reviews a range of settings, including the Foreign ...
New Zealand Oil & Gas Limited (AU ... the issuance of 4,354,827 options for acquiring ordinary shares as part of an employee incentive scheme. These securities are unquoted and were issued on ...