Calculate Tax on International Shares

monty168 on 14/12/2021 - 09:22

Hi, need some help re: FX and CGT for US shares.

Let’s say you deposit $2k into your US share trading account on the 1/3/21.

You then buy shares on the 15/3/21.

The shares are then sold on the 20/5/21.

Is FX determined based on the cash deposit date or purchase date?

If purchase date, I am assuming just use average FX rate for the day?

Thanks

Comments

rektrading on 14/12/2021 - 09:30

-1

Find an API and download the data to a SS.
- prisonmike on 14/12/2021 - 09:41
  
  What’s SS?
  - rektrading on 14/12/2021 - 09:55
    
    https://images.app.goo.gl/sQZnMSx3QqZhtcuu5
    
    https://images.app.goo.gl/etktDmcAuYw3uP1t5
CrowReally on 14/12/2021 - 09:36

+1

https://www.ato.gov.au/Forms/Guide-to-capital-gains-tax-2021…