The taxation of investors with equity-equivalents in ASX-listed entities
Source: The Tax Specialist Journal Article
Published Date: 1 Apr 2021
Australian investors who have exposures to ASX-listed entities may not always consider equivalent
investments. This article considers an equivalent (like-for-like) investment in two particular instruments:
- low exercise price options (LEPOs); and
- call/put parity positions (via the use of exchange traded options).
Both LEPOs and exchange-traded options are traded on the Australian Securities Exchange. Where an investor considers establishing a position in a LEPO or a call/put parity position, what are the Australian tax implications for the investor who resides in Australia and establishes these positions on capital account? This article addresses this question.
Sorry, this is subscriber only content.
To gain access to this material and much more - Subscribe Now.
(Note: Members can access Taxation in Australia journal articles without a Tax Knowledge Exchange subscription - please log in to access).
Already a Subscriber? Login now
Already a Subscriber? Login now
Details
- Published By: R Bobb
- Published On:1 Apr 2021
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
("TTI")
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
Copyright Statement
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.
Tags
Share this page