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37,911 Posts.
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24/07/10
14:17
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same
options are capital gains tax assets
so the 50% tax discount applies
http://www.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/s108.5.html
INCOME TAX ASSESSMENT ACT 1997 - SECT 108.5
CGT assets
(1) A CGT asset is:
(a) any kind of property; or
(b) a legal or equitable right that is not property.
Note 1: Examples of CGT assets are:
* land and buildings;
* shares in a company and units in a unit trust;
* options;
* debts owed to you;
* a right to enforce a contractual obligation;
* foreign currency.
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