Private ruling: Employee share trust (EST)
Date of advice: 26 February 2024
Published: 15 April 2024

Ruling: A1: No. The activity, in itself, will not cause a trust to not satisfy the requirements as an EST under subsection 130-85(4) of the ITAA 1997.




Subject: Employee share trust (EST): In order to protect the privacy and commercial in-confidence components of this private binding ruling the following summary is provided: | Issue: Whether an activity, in itself, will cause a trust to not satisfy the requirements as an EST under subsection 130-85(4) of the Income Tax Assessment Act 1997 (ITAA 1997)?