capital gains tax on options, page-9

  1. 1,491 Posts.
    lightbulb Created with Sketch. 33
    If the ATO tell you that there is no CGT event when exercising your options it will mean that your effective date for CGT purposes is the date of purchase of options NOT the conversion date.

    If this is not the case, THEN there would be a CGT event in which case the date starts at conversion. HOWEVER it would then mean that you need to declare a gain/loss at that stage.

    I am pretty certain that your original thoughts are correct but it is always best to consult a qualified person in a case like this.

    And of course I hope you will need to declare a capital gain in the end ;)

    W2
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.3¢
Change
-0.001(7.14%)
Mkt cap ! $35.16M
Open High Low Value Volume
1.3¢ 1.4¢ 1.3¢ $1.616K 122.0K

Buyers (Bids)

No. Vol. Price($)
4 596480 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 1570790 6
View Market Depth
Last trade - 11.06am 02/07/2025 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.