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Yes you are eligible for the CGT discount.

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Mundo122

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30/07/18

23:21

Post #: 34634684
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Originally posted by Eqz ↑

Hi Folks,

I have been issued long term incentive shares with vesting periods on an annual basis.
I chose to exercise my first allotment of shares which were released from escrow earlier this year. The shares were held for 12months by the company before being released, so on that basis I am considering the CGT discount applicable.

Does any know if its legal to claim capital gains discount on those shares or do they get treated as a normal capital gain?
I had a dig through the ATO articles on CGT and rules around the ESS but could not clearly understand if I was eligible.
Do not really want to pay an account to help explain it to me so was hoping someone on here could help clarify.

From the ATO site:

View attachment 1213784

This scenario seems to match my case.

Thanks

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Yes you are eligible for the CGT discount.
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