Basis
(1) Bonds: An investor’s yield to maturity.
(2) Taxation: Cost used to determine capital gain or loss on an investment.
(3) Used in DPPs to calculate maximum losses allowed for tax purposes. In general, basis consists of the investor’s original contribution plus recourse loans.
(2) Taxation: Cost used to determine capital gain or loss on an investment.
(3) Used in DPPs to calculate maximum losses allowed for tax purposes. In general, basis consists of the investor’s original contribution plus recourse loans.
Updated on: 24/04/2023
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