Mark Hawkins
-
RE: When do RSU shares inherit section 104 holding gains/loses
Thank you, this is clear. -
RE: When do RSU shares inherit section 104 holding gains/loses
Thanks, so am I right in saying as soon as the new RSU shares vest they immediately inherit (add to) the section 104 holding? -
When do RSU shares inherit section 104 holding gains/loses
The company I work for (US based) awards RSU shares annually which partially vest each quarter over a 5 year period. I have a US broker account where the previously vested shares reside. I understand that I need to treat these shares as a section 104 holding for the purpose of CGT calculation when I sell. I was recently told by an advisor that for newly vest shares, there is a period which I can sell them before they add to and inherit the section 104 holding gains/loses. I can sell immediately (on the day they vest) up to 30 days after the vest date. I wanted to confirm is this correct?