Recent content by bigTakeover

Thx Jaffa. It is treated as income unfortunately. It makes things very awkward, as, like you say, no tangible profit has been realised. The ATO ruling is not easy to understand but it looks like an application can be made to the tax office to ease the burden. To my layman's eyes it looks like it...

Has anyone had any experience with the purchase of unlisted share options? I have options on 10,000 shares. I have to purchase the options by the middle of next month (March 2008). The shares are going to cost me $2 each and are currently valued at over $20 each. For tax purposes I need to...