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tax loss harvesting

General questions about using Fund Manager that do not fit into any other forum.

Postby gerard » Fri Jan 18, 2013 7:27 am

We do have gain tax for companies in the netherlands. If you want to do tax loss harvesting, it is allowed that you take the market value of the security on the closing day of the year and make this the new value for tax purposes for the coming period. My question is when using security lot administration is it possible to set the tax value of an individual tax lot on a certain date ? I want to use this value in the "open lot" report to see the tax gain or loss from the new set value.

thanks in advance for reaction

gerard
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Postby Mark » Sat Jan 19, 2013 10:33 am

Hi gerard,

I may not have fully understood your request. The tax basis is determined from the transaction details that acquired that lot. In the case of a Buy transaction, it is the date/amount paid. In the case of a Transfer In transaction you can specify the tax basis date and value separately from the transferred in date and market value. This is true no matter what accounting method you are using.
Thanks,
Mark
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