Average Basis

Average Basis

A method of figuring basis that can be used only for sales of regulated investment company (including mutual fund) shares. The taxpayer can choose either the single-category or double-category method.
References in periodicals archive ?
The change in the NCPI measured on an annual average basis decreased to 1.9 percent in July from 2.0 percent in June.
Annually, on average basis, around 1800 to 2000 graves are being filled, in this way new facility will full fill the burial requirements of the city for next 10 to 15 years.
Annually, on average basis, around 1,800 to 2,000 graves are being filled, in this way new facility will full fill the burial requirements of the city for next 10 to 15 years.
* Total deposits on quarterly average basis grew 24% YOY
The change in the NCPI measured on an annual average basis increased to 1.9 per cent in April 2019 from 1.7 per cent in March 2019.
Against KE's demand of 190 mmcfd, SSGC is providing 210 mmcfd gas on a monthly average basis to the power company, only in the best interest of Karachites who are experiencing scorching heat nowadays.
SPRISKA's operating performance on a five-year average basis is marginal, with key operating metrics that lag its peer averages along with the company's combined ratio.
This is in accordance with Article 134 of the Employment Law, which states, "Without prejudice to what is provided for by some laws on the granting of pensions or retirement benefits to employees in some establishments, severance pay shall be calculated on the basis of the remuneration last due to the employee for those who are paid monthly, weekly or on a daily basis and on the average basis of the daily remunerations referred to in Article 57 of this law for those who are paid at a piece rates basis.
The agri-portfolio also grew by 59%, on an average basis, over the previous year.
Flat oil prices and the completion of some large-scale projects are likely to result in a modest deceleration in Mena net hydrocarbon exporters' economic growth over 2020-2021, to 2.3 per cent on a weighted average basis.
Lim also added that government currently sets fuel prices on a monthly average basis, which will only be reflected the following month.
For 2019, it forecast inflation at 34.1 percent on an annual average basis and 27.7 percent on a year-on-year basis.
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