Re: CGT losses on eircom shares
Nobody questioned the above calculations which, I think are reasonably straigt forward.
You bought shares in eircom.
You now have shares in two different companies - Vodafone and eircom.
When you sell eircom shares, you can deduct 43% of the cash you paid out from the proceeds of sale to calculate the loss for CGT purposes.
Unless you are doing a partial sale, there is no need to complicate matters any further by calculating the loss per share.
I have seen some extraordinarily complex computations such as those in today's Irish Times, but I can't see why it's so complicated.
Maybe Mary Canniffe and I are missing something?
Brendan