*Fowler v FCT – Taxpayer appeals from Federal Court decision that he acquired employee share scheme shares about 2 months later than he contended (44)

The taxpayer has lodged a notice of appeal to the Full Federal Court against the decision of Kenny J in Fowler v FCT [2012] FCA 1040. The Federal Court had held that, for the purposes of the former ITAA 1936 employee share scheme (ESS) provisions (Div 13A), a taxpayer acquired a right with respect to share options approximately 2 months later than when he contended he acquired them (and when they were significantly more valuable).

[LTN 199, 15/10]