i have 2 seperate parcels of shares on 2 esp loans through work. i have to pay the esp loans out as i am finishing up there. i also hold more shares in the same company and these were purchased after the esp loan had started. can i sell one parcel of the esp shares to pay out the loans and use that cost base for tax purposes,as it would be clearly defined what parcel i am selling and what i paid for them.
i am curious as to whether this would be okay in the ATO's eyes in this instance as i have elected to use last on first off for all my other trades.
i am going to contact the ato about it, but am interested in opinions.
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- a question for the tax savvy
a question for the tax savvy
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