I think what your accountant means is that options are not treated any differently than shares if you sell after 12 months. That’s true , they are just exchange trafeqvle
assets. However, Once if you choose to convert an option to share rather than sell it then the 12 month CGT discount period starts again.
As always dyor but unfortunately that’s the case. Everyone loves a lenient accountant until the ATO send a query.
Ann: BPAY or EFT Process for IMUOC & IMUOD Option Holders, page-15
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