Capital gains
Mark Johnson
mrj001 at shaw.ca
Wed Jan 25 20:34:17 EST 2006
Derek Atkins wrote:
>
> For the record, the SVN code should auto-insert the $1509.88 split-pairs
> based on the purchase price of the lot used for this sale. Note that
> I say "should".. I've not played with this code and it's probably not
> well-tested.
>
I'm trying SVN12978 today. It did not auto-insert extra splits for a
sell in a stock-type account.
I do hope "lots" isn't the only way this could work. In Canada, we
calculate the gains based on the total purchase price of all the shares
- i.e. the average price paid when we sell only a portion.
Also, are the "lots" to be FIFO or LIFO? Or configurable?
Does SVN intend to support things like a "return of capital"?
Mark
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