H helvetica Registered User Messages 19 30 Aug 2013 #1 Hi, if I bought €1000 worth of shares in two companies last year, and one has risen by 20% while the other has dropped by 20% this year, and I sell the higher stock, do I have to pay tax on my €200 profit, or does my losing share offset it at all?
Hi, if I bought €1000 worth of shares in two companies last year, and one has risen by 20% while the other has dropped by 20% this year, and I sell the higher stock, do I have to pay tax on my €200 profit, or does my losing share offset it at all?
D dub_nerd Registered User Messages 1,992 30 Aug 2013 #2 You don't have a losing share until you sell it at a loss. You can only offset actual losses against gains.
You don't have a losing share until you sell it at a loss. You can only offset actual losses against gains.