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shares transferred from employer

Discussion in 'Shares' started by sharesgreenhorn, 19th Nov, 2010.

  1. sharesgreenhorn

    sharesgreenhorn New Member

    Joined:
    19th Nov, 2010
    Posts:
    1
    Location:
    Sydney
    Hi,

    I'm getting some shares transferred to me by my employer. I want to know what kind of tax I'll be up for?

    Are there any taxes from the transfer or just on the earnings each year and then when I sell?

    Also, if the shares are transferred to me at $0.50 per share and I sell them at a loss, am I able to claim this loss to reduce the tax I pay?

    Once transferred, if I immediately sell them, what taxes will I be up for?

    I really appreciate any insight into this.

    Cheers,
    SGH