"Capital Gains are calculated based on the Cost Base expressed in AUD (at the purchase transaction date exchange rate) taken from the Sale Proceeds expressed in AUD (at the sale transaction date exchange rate).”
IB normally keep the sale proceeds in foreign currency, similarly to interest, I think the realized income should not include any USD asset even the dollar itself, coz it's still subject to forex rate change when you take it back to AUD, and it could means tax gain/loss.
- Forums
- ASX - By Stock
- How do you calculate Capital Gain/Loss with foreign shares???
How do you calculate Capital Gain/Loss with foreign shares???, page-4
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin & Ramón Jiménez Serrano, Managing Director & Executive Director
Ryan Parkin & Ramón Jiménez Serrano
Managing Director & Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online