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The inquirer asks how to value shares purchased on the same day at different prices through market orders. The DGT responds that, as the execution order of prices cannot be guaranteed, the transaction should be treated as a single event and an average acquisition value should be applied.
This ruling clarifies the method for calculating the cost basis of shares acquired via market orders where multiple prices are involved, ensuring consistency in tax reporting for capital gains.
The tax team reviews your specific situation.
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