Cost basis is the original value of an asset, usually the purchase price, adjusted for stock splits, dividends and returns of capital. The cost basis is used to calculate returns on an asset or portfolio and, for tax purposes, capital gains.
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Satheesh Gounder: Author
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Thiru Venkatam: Editor
Thiru Venkatam is the Chief Editor and CEO of www.tipsclear.com, with over two decades of experience in digital publishing. A seasoned writer and editor since 2002, they have built a reputation for delivering high-quality, authoritative content across diverse topics. Their commitment to expertise and trustworthiness strengthens the platform’s credibility and authority in the online space.