Once again it's tax time!
The purpose of this information is to provide you with a brief overview of the taxation implications applicable to most employees and former employees, of participation in TESOP 97 or TESOP 99, including receiving Telstra dividends and the taxation consequences of disposing of shares during 2011/12.
This is a general guide only. The particular tax consequences for you may be different due to your individual circumstances. You should therefore seek expert tax advice before preparing your 2011/12 tax return.
- General Information (PDF, 130KB)
- Restrictions (PDF, 87KB)
- Share Disposals (PDF, 184KB)
- Examples (PDF, 165KB)
- TESOP Q&A (PDF, 105KB)
- Glossary (PDF, 102KB)
The information does not apply to:
(a) individuals engaged in foreign service;
(b) temporary residents of Australia for tax purposes;
(c) foreign residents; or
(d) individuals who are no longer employees of Telstra.
If you fall within one of these categories you should discuss the matter with your tax advisor.
For the purpose of this information, certain terms have specific meanings. Visit our glossary to find out the meaning of these terms.
For information on the tax implications for the 10 year anniversaries of the Telstra Employee Share Ownership Plan (TESOP) 1999 and 1997 please refer below:
- TESOP99 - 10 year - letter (PDF, 53KB)
- TESOP97 - 10 year - letter (PDF, 62KB)
This information is important. You should refer to this information when preparing your tax return. You should also provide a copy of this information to your tax agent or the person who prepares your tax return.
For the purpose of this information certain terms have specific meanings. Visit our glossary to find out the meaning of these terms.
Past Years
- 2010/2011 (PDF, 160KB)
- 2009/2010 (PDF, 194KB)
- 2008/2009 (PDF, 234KB)
- 2007/2008 (PDF, 519KB)
- 2006/2007 (PDF, 566KB)
- 2004/2005 (PDF, 201KB)
- 2003/2004 (PDF, 284KB)
- 2002/2003 (PDF, 304KB)
- 2001/2002 (PDF, 484KB)
- 2000/2001 (PDF, 461KB)
- 1999/2000 (PDF, 302KB)
- 1998/1999 (PDF, 33KB)
- 1997/1998 (PDF, 86KB)
Buy-Back
2004
- Buy-back information (PDF, 139KB)
- Illustrative examples (PDF, 158KB)
2003
- Buy-back information (PDF, 179KB)
- Illustrative examples (PDF, 174KB)
Disclaimer
This is a general description of the tax consequences, which can apply to your participation in TESOP 97 or TESOP 99. The tax consequences for you may be different depending on your own circumstances, particularly if you have participated in other employee share schemes, if you have any particular arrangements in relation to your shares or for shares you acquire otherwise than under TESOP 97 or TESOP 99.
The description of the capital gains tax consequences of your participation in TESOP 97 and/ or TESOP 99 is based on Class Ruling (CR 2001/28) issued by the Commissioner of Taxation.
If you have any questions about preparing your tax return or the tax consequences of your participation in TESOP 97 or TESOP 99 (including the capital gains tax consequences) in your particular circumstances, you should seek guidance from your own registered tax adviser.






