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Re: khemara_qc post# 10890

Thursday, 07/15/2004 2:36:31 PM

Thursday, July 15, 2004 2:36:31 PM

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qc - total cost=30,000???

I don't get that?

5000x60=300,000

Do you mean 300,000 or did I miss something?

Assuming the 300,000, the cost basis for calculation for capital gains taxation is 300,000. Is this correct?

So whether the stock was bought at 60 or is split at a future time, the basis for taxation will always remain 60.

Is this correct?
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