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Ann: Appendix 3Y - D McArthur, page-19

  1. 3,201 Posts.
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    what is the reason to sell the heads and convert the options to get the exact same amount of heads

    this triggers CGT for him and he will end up paying tax on the heads he sold, I can't think of any benefits he gets by doing this and he end up paying tax in real money?
 
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