Amount Realized


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Amount Realized

The amount for which one sells an asset. The amount realized may be a realized gain (in which the sale price exceeds the original purchase price) or a realized loss (in which the sale price is less than the original purchase price). It may also break even. The amount realized likely will affect one's taxable income.

Amount Realized

The amount received by a taxpayer on the sale or exchange of property. The amount received is the sum of the cash and the fair market value of any property or services plus any of the seller's liabilities assumed by the purchaser. Determining the amount realized is the starting point for arriving at realized gain or loss.
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As an indication, The amount realized in the last 4 years, For this type of service is of the order of 800 000,00 eur (ttc).
This assumption was therefore part of the amount realized by the seller, much like the sale of real estate subject to a mortgage.
Finally, payment of certain costs related to the transfer of the relinquished property that may be characterized as selling expenses or exchange expenses are excluded from the seller's amount realized and ignored altogether.
The amount realized in that case could be used to pay off the country's debts and the banking courts would have to decide all the cases within six weeks, he added.
The court also held that there was no gain or loss from the sale since the amount realized was greater than the taxpayers' loss basis but less than their gain basis.
"The net amount realized by the Government of the Republic of South Sudan after payments or settlement of loan is $ 1,887 million (only one billion eight hundred eighty seven million US Dollars)," partly read the statement extended to Sudan Tribune.
Capital One responded by arguing that Nicoll's credit was limited to the amount realized at the sheriff's sale, and nothing requires that a debtor be entitled to credit for the price the lender obtains upon resale of the collateral.
The amount realized by European Capital was greater than the first quarter 2013 valuation of the investment by 1%.
But the taxpayer's gain from the property sale is not the sale price (or in technical terms, the 'amount realized') but rather the sale price minus basis.
Gain is determined by subtracting the adjusted basis of the asset sold or exchanged from the amount realized. Loss is determined by subtracting the amount realized from the adjusted basis of the asset sold or exchanged.
Gain is the excess of the amount realized upon the sale over the basis (adjusted downward for depreciation or upward for additions to the property).