Document Type	Master's Dissertation
Author	Buys, Ilse
Email	ilse,buys@kpmg.co.za
URN	etd-05062010-164433
Document Title	Share-based compensation : an investigative study into the taxation treatment thereof internationally
Degree	MCom
Department	Taxation
Supervisor	Advisor Name Title Mr J Benade Supervisor
Keywords	tax deduction South Africa compensation share based benefits taxation
Date	2010-04-19
Availability	restricted
Abstract In terms of IFRS 2 (Share Based Payments), companies providing share based benefits to its employees have to include in its income statement, as an expense, an amount in respect of the share based benefits so provided. However, in South Africa no tax deduction is currently allowed for companies in respect of this share based compensation expense whilst the employee is typically subject to taxation on any gain made as a result of the shares acquired. The research question that drove this study was whether the above taxation treatment is in line with practices followed internationally. For this purpose the tax legislation in the UK and Australia was explored in more detail. It was found that although tax legislation governing share-based compensation in South Africa are in some ways in line with practices implemented internationally, for most parts it still appears to be far more restrictive than legislation internationally. Copyright © 2009, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. Please cite as follows: Buys, I 2009, Share-based compensation : an investigative study into the taxation treatment thereof internationally, MCom dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://upetd.up.ac.za/thesis/available/etd-05062010-164433/ > E10/225/gm
Files	Filename       Size       Approximate Download Time (Hours:Minutes:Seconds)     28.8 Modem   56K Modem   ISDN (64 Kb)   ISDN (128 Kb)   Higher-speed Access  dissertation.pdf 313.32 Kb 00:01:27 00:00:44 00:00:39 00:00:19 00:00:01 indicates that a file or directory is accessible from the campus network only.