If I bought 100 US shares in the year 2000. Shares were $6 each. These cost me $600 then.
I sell these today in 2018 @ $24 each. I get $2400.
So I have CGT on what my profit of $1800.
$600 in 2000 = 638 euros (1 USD = 1.0647)
$600 in 2018 = 512 euros (1 USD = .85)
But my question is: Do I use the exchange rate for USD to Euro for the year 2000 to calculate my Cost Basis, or just calculate everything using today's USD rate?
I sell these today in 2018 @ $24 each. I get $2400.
So I have CGT on what my profit of $1800.
$600 in 2000 = 638 euros (1 USD = 1.0647)
$600 in 2018 = 512 euros (1 USD = .85)
But my question is: Do I use the exchange rate for USD to Euro for the year 2000 to calculate my Cost Basis, or just calculate everything using today's USD rate?