Thanks Tim,
Understand the point you are making regarding the employee share options. I was not specific enough in my hypothesis. I was thinking that BB purchased the holding at market prices (i.e. they were not employee share / options). In that context, if he waited until the 2009-2010 fin year to sell, then the tax would not need to be paid on these profits until 4/2011.
However, if BB received his shares by way of employee options then I agree with tax treatment that you have presented.
I guess Tim the key question is by what means did he procure his EXT share holding? Hope this helps explain the context around my comment.
Regards,
Paytrade.
Thanks Tim,Understand the point you are making regarding the...
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