I am curious. Person A owns a company A Pty Ltd. They also work for an employer ABC pty ltd.
ABC decides to sell part their company. What's wrong with person A buying part of company's ABC Pty Ltd via their investment company A pty ltd just like they may buy anything else? shares, property, cars, etc. Isn't the value of what an item is worth really what one is prepared to buy it for? On Wed, Feb 23, 2011 at 10:55 PM, Jeromy Evans < jeromy.ev...@blueskyminds.com.au> wrote: > > > On Feb 23, 11:51 am, Clifford Heath <clifford.he...@gmail.com> wrote: > ... > > Anyhow, that was the situation before the last round of changes. In > > this context, > > can someone clarify what the changes were, and when tax is payable? > > > > Division 83A introduced the new rules for shares or rights acquired by > employees after 1 July 2009. The details are here: > http://www.ato.gov.au/individuals/content.asp?doc=/content/24703.htm > > In my specific circumstances (sweat equity), the stock issued to me > was assessed as personal income in my personal tax assessment 2009 and > 2010. > > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. > > Guidelines on discussion: > http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den > > No lurkers! It is expected that you introduce yourself. > > To post to this group, send email to > silicon-beach-australia@googlegroups.com > To unsubscribe from this group, send email to > silicon-beach-australia+unsubscr...@googlegroups.com > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den No lurkers! It is expected that you introduce yourself. To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
