I have some ETFs I transfered in specie between two brokers. How should I record this correctly? “Transfer in” only handles external transfer. “Move” looks to be implemented as sale+buy, as it generates a tax event.
Or are in specie transfers taxed under Polish regulations?
EDIT: hmm, looks like if I calculate and input the average basis on transfer, the tax is calculated as I would expect.
Exactly, you use the Move and it will create two opposing transfers for you. If you leave the price empty, it should transfer the average opening price to the new position. For now however, it won’t take into account the original purchase date to calculate the FX for Polish tax purposes, but you can set the transfer price to PLN to make it correct - as I guess you did already.
Right, so that part didn’t work - I had the average price empty and it did NOT get auto-populated. Only after I calculated it myself and filled out the field then the displayed values were as expected.
It doesn’t auto-populate, only the numbers in expenses/returns should be correct. Do I understand they weren’t?
Ah, no, those were populated. I misunderstood.