Quick question guys... When writing covered Calls is the premium...

  1. BrightGreenGlow
    3,433 Posts.
    lightbulb Created with Sketch. 257
    clock Created with Sketch.
    09/07/16
    17:41
    Post #: 18232505
    Quick question guys...

    When writing covered Calls is the premium gained from selling a covered call treated as INCOME for tax purposes??

    I have always thought so but just checking. Hard to find info on the ATO or ASX sometimes.

    Cheers.
    Likes Created with Sketch.  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

BB1 Why Princeton Professor rates BlinkLab's autism & ADHD screening app
right-arrow Created with Sketch.
LU7 Lithium Universe successfully locks in $3.65M to advance North American play
right-arrow Created with Sketch.
NEWS Quarterly Wrap: Frontier Energy & Haranga Resources
right-arrow Created with Sketch.
NEWS Oz Economic Indicators: Retail sales weakest on record & China factories hit 14mth high
right-arrow Created with Sketch.
BPH BPH Energy renews NT Bonaparte Basin permit
right-arrow Created with Sketch.
HAR Termites show Haranga the way to 8th uranium anomaly at Senegal's Saraya
right-arrow Created with Sketch.

Top Stories

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.