CM8 5.41% 3.5¢ crowd media holdings limited

Ann: Notice of Annual General Meeting/Proxy Form and Update, page-7

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  1. 129 Posts.
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    I think this is a good explanation from CM8. The tax laws around options, performance stock units and restricted stock units is confusing and changes frequently. It isn't unreasonable for a executive to sell some stock to settle a personal tax liability. The ATO would follow listed organisations closely and ensure their exec are adhering with taxation legislation. In Dom's case, this likely further complicated given he is now located offshore.

    I look forward to the AGM and hearing about the inroads with the Crowd Agency strategy and debt payment.
 
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