The Gold Standard for Cost Basis Calculation

NetBasis sets the standard for securities cost basis calculation. It draws on historical security pricing data extending back as far as 1925 to quickly and accurately determine the adjusted cost basis of virtually any security traded in the U.S. – regardless of its history of capital changes.

Offering the functionality needed for immediate compliance with new cost basis regulations, NetBasis can serve as a powerful competitive differentiator that attracts new clients while offering the added benefit of improved productivity. It provides highly accurate cost basis calculations for a wide range of investment instruments, including:

NYSE, NASDAQ and other major exchange listed stocks
ADRs, closed-end funds, REITs, OTC securities (Bulletin Board and Pink Sheets) and UITs
Mutual funds

Eliminate Cost Basis Headaches

NetBasis makes it easy to determine adjusted cost basis, even when securities have been held for decades and have a complicated history of associated corporate actions. It can calculate cost basis using as little detail as the year of a security’s acquisition, and instantly accounts for historical changes caused by stock splits, mergers, dividend reinvestments and all other possible cost basis adjustments.

Calculating cost basis with NetBasis is as simple as entering a few data items and clicking on “Calculate.” Using proprietary algorithms and rigorous data scrubbing, NetBasis provides adjusted cost basis almost instantly, accomplishing in seconds what could take days – or longer – with manual approaches.

Many Unique Features

NetBasis brings a number of valuable and unique features to cost basis calculation, including:

Accounting for systematic investments, withdrawals, and dividend reinvestments
Wash- and short-sale adjustments
Adjusted total and per-share cost basis
Adjusted number of shares
Gain/loss characterization and sale proceeds
Cost basis for remaining shares
Absolute pricing look-up for equities and mutual funds
Cash merger and “no-effect” merger information
Allocation rate information for mergers and spin-offs
Tax status of corporate actions
Cost basis backtracking
Birth-to-death dividend and corporate action look-up
Equity mapping
Fair market value for cash and stock mergers
Return of capital
Date of death valuation with 6-month alternative date
Estate and gifting valuation

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