Payroll Tax Act 2009

(1) The wages constituted by the grant of the share or option are taken to be paid or payable in this jurisdiction if the share is a share in a local company or, in the case of an option, an option to acquire shares in a local company.

(2) In any other case, the wages constituted by the grant of the share or option are taken to be paid or payable outside this jurisdiction.

Note for subsection (2)

The place where wages are paid or payable is sometimes relevant to determining whether the wages are taxable in this jurisdiction. See section 11.

local company means:

(a) a company incorporated or taken to be incorporated under the Corporations Act 2001 that is taken to be registered in this jurisdiction for that Act; or

(b) any other body corporate that is incorporated under an Act of this jurisdiction.