How is realized gain (Realized Profit/Loss) calculated on US Stock transactions on Pluang?
For example, you are a Pluang Plus member and own 2 units of TSLA shares with the following details:
-
Average Purchase Price: $90
-
Selling Price: $100
If you are Pluang Plus, you will be charged the following transaction fees:
|
Component |
Mark |
|
Total value owned based on average purchase price |
$90 x 2 = $180 |
|
Asset Price at Sale* |
$100/unit = $100 x 2 = $200 |
|
Transaction Fees |
= (0,2% × $200) = $0,4 |
|
VAT on Transaction Fees* |
= (11/12 × 12% × $0,4) = $0,044 |
|
JFX & KBI Fees** |
= (0,05% × $200) = $0.1 (Maximum $0.10 per transaction) |
|
VAT on JFX & KBI Fees** |
= (11/12 × 12% × $0,1) = $0,011 |
|
SEC Fee** |
= (0,00278% × $200) = $0.00556 (based on calculation) = $0.01 (minimum $0.01 per transaction) |
|
TAF Fee** |
= ($0,000166 × 2) = $0.01 (minimum $0.01 per transaction) |
|
CAT Fee** |
= ($0,000035 × 2) = $0.01 (minimum $0.01 per transaction) |
|
Total Cost and Tax |
= $0,4 + $0,044 + $0,1 + $0,011 + $0,01 + $0,01 + $0,01 = $0,585 |
|
Net Amount at Sale |
= $200 - $0,585 = $199,415 |
|
Realized Loss/ Gain |
(Nominal obtained based on selling price, minus transaction costs) - (Nominal owned based on average purchase price) = ($199,415) - ($90 x 2) = $199,415 - $180 = $19,415 |