Hi racoon82 hope all is well.
The short answer to your question is yes.
This tax method is unusual and not many people in AUS would elect to use it and it has advantages and disadvantages. its a method I have elected to use.
Most people in AUS would be assessed on tax on actual sale which is the normal situation.
My point was not all insider share sales should be seen as a negative.
a2m share sale policy is on their web site and from memory any sale by board / executive has to be approved by the board, irrespective of the "window time frame". So the board approves insider sales based on the market, at that time, being equally informed on a2m operations.
Most countries treat insider trading, on knowledge not available to the market, as a criminal* offence, hence the reason for the board to approve all sales. * Australian Corporations Act. Not sure about NZ acts.
Happy trading / investing..
Hi racoon82 hope all is well.The short answer to your question...
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