Published on 01 Apr 07
by "THE TAX SPECIALIST" JOURNAL ARTICLE
The value of put options granted to shareholders to facilitate a share buy-back are held to be ordinary income derived. The wider application of the decision to the grant of rights and options remains unclear.
Ian Stanley is a barrister whose practice at the Sydney Bar focuses on revenue law. Ian holds bachelor degrees in Economics and Law from the Australian National University and a Masters of Law from the University of Sydney. Ian has advised extensively on matters concerning residence.
- Current at
12 July 2013