La Tache,
Always good to have a devils advocate, however I am not convinced that your tax system is so unfair on this, nor that it should wear the blame.
The contrafactual system would likely lead to pretty bad tax routing, and when a system like you have exists companies and directors can always decide in advance whether it is safer to pay directors in cash or options. The ATO doesn’t force them to avoid cash payments. Just about everyone else in your country gets paid in cash and can’t defer their tax either.
I still see it as a pretty strong negative signal from directors when they do this. Perhaps they should have negotiated a bigger cash component in their remuneration, so that they had cash to pay the tax, and wouldn’t end up sending such a strong, concerted and negative a signal. Especially stinks selling at the time of the CR.
EL
- Forums
- ASX - By Stock
- Ann: Appendix 3Y - Change of Director's Interest Notice x 4
La Tache,Always good to have a devils advocate, however I am not...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CPN (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.8¢ |
Change
-0.003(3.70%) |
Mkt cap ! $7.353M |
Open | High | Low | Value | Volume |
7.9¢ | 8.0¢ | 7.8¢ | $6.013K | 76.10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45263 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 6000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45263 | 0.078 |
2 | 99458 | 0.075 |
2 | 50135 | 0.074 |
2 | 13818 | 0.073 |
2 | 56000 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 6000 | 1 |
0.085 | 90972 | 1 |
0.090 | 188246 | 3 |
0.100 | 9999 | 1 |
0.110 | 52920 | 2 |
Last trade - 14.50pm 28/05/2024 (20 minute delay) ? |
|
|||||
Last
7.8¢ |
  |
Change
-0.003 ( 2.50 %) |
|||
Open | High | Low | Volume | ||
7.9¢ | 8.0¢ | 7.8¢ | 17387 | ||
Last updated 14.50pm 28/05/2024 ? |
Featured News
CPN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online