Definition of «cost basis»

The term cost basis refers to the original price paid for an asset, which is used to determine capital gains or losses when that asset is sold. It serves as a starting point for calculating taxes owed on investments and can affect how much money an individual will pay in taxes.

Phrases with «cost basis»

lower cost basis
cost basis information
cost basis method
replacement cost basis
cost basis reporting
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Sentences with «cost basis»

If there are multiple vesting events, the adjusted cost base of the stock must be calculated. (canadiancapitalist.com)
Seats start at $ 20 and increase in cost based on the length of the journey. (travelingformiles.com)
From deciding on the right asset location, to harvesting losses, to calculating the adjusted cost base of your holdings, taxable investments are always a challenge. (moneysense.ca)
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Definition of «cost basis»

Phrases with «cost basis»

Sentences with «cost basis»

See also