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Hi I understand we need to calculate the capital gain /loss for the purchase/sale of foreign currency denominated shares using AUD. Should we use the exchange rate to AUD on the trade date only for both purchase and sale? Thanks.
You will need to use the date the acquisition occurred, and the date the sale occurred. These are separate events, so you need to calculate it individually.
You can read our translation (conversion) rules on our website.
You will need to use the date the acquisition occurred, and the date the sale occurred. These are separate events, so you need to calculate it individually.
You can read our translation (conversion) rules on our website.