I purchased bank shares in 1998.
I sold them in 2014.
The result is a loss.
In calculating the cost of the shares, do I apply the relevant indexation factor ?
The reason I ask is that I was told by an advisor that indexation factors should not be applied when the shares are sold at a loss.
Thanks,
Duke
I sold them in 2014.
The result is a loss.
In calculating the cost of the shares, do I apply the relevant indexation factor ?
The reason I ask is that I was told by an advisor that indexation factors should not be applied when the shares are sold at a loss.
Thanks,
Duke