Should proceeds of settlement take into account commission paid?

[weppler]

in securities transaction should proceeds of settlement take into account commission paid?

[Antomeister]

As per the Canada Revenue Agency (CRA), you are not allowed to deduct any expenses to the Proceeds of disposition/settlement amount. However, in Box 20 - Cost or Book value, you may add the expenses associated to buying/selling the security.

For more information, please see the following links from the Canada Revenue Agency (CRA):

Box 20 - Cost or Book Value

Box 21 - Proceeds of Disposition

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