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_FXQ(Newbie)Newbie
10 May 2021

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.

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687 views
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Most helpful replyATO Certified Response

BlakeATO(Community Support)Community Support
ATO Certified Response11 May 2021

Hi @FXQ

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.

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Most helpful replyATO Certified Response

BlakeATO(Community Support)Community Support
ATO Certified Response11 May 2021

Hi @FXQ

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.

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FX gain/loss on foreign shares | ATO Community