CG55400 - Quoted options to subscribe for shares, traded and financial options: introduction

TCGA92/S144 (8), TCGA92/S144A

TCGA92/S144 and TCGA92/S144A apply to options generally including quoted options to subscribe for shares in a company (more commonly called share warrants), traded and financial options. General guidance on options is at CG12300+.

The main differences that apply in the case of quoted options to subscribe for shares, traded and financial options are

  • the owner of the option may get an allowable loss if they let the option expire, see CG55415
  • the wasting asset rules, see CG76700+, do not apply to the acquisition cost of the option, see CG55416.

The terms 바카라 사이트śquoted option바카라 사이트ť, 바카라 사이트śtraded option바카라 사이트ť, and 바카라 사이트śfinancial option바카라 사이트ť are defined for capital gains purposes at TCGA92/144 (8)