public void ShouldBeAbleToCalculateTaxGivenABuyStackAndSellStackWithMultipleValues()
{
Instrument share = new Stock(new Symbol("REL"), new Price(10.00), "Rel*iance Power");
Transaction buyTransaction1 = new BuyTransaction(new DateTime(2008, 06, 01), share, 20, new Price(10.00), 5.00, 3.00);
Transaction sellTransaction1 = new SellTransaction(new DateTime(2009, 01, 01), share, 10, new Price(20.00), 5.00, 3.00);
Transaction buyTransaction2 = new BuyTransaction(new DateTime(2008, 12, 01), share, 10, new Price(10.00), 5.00, 3.00);
Transaction sellTransaction2 = new SellTransaction(new DateTime(2009, 08, 01), share, 10, new Price(20.00), 5.00, 3.00);
List<Transaction> listTransaction = new List<Transaction> { buyTransaction1, sellTransaction1, buyTransaction2, sellTransaction2 };
ShortTermTaxCalculator TaxCalculator = new ShortTermTaxCalculator(listTransaction, new FinYear(2009));
Stack buyStack = TaxCalculator.CreateBuyTransactionStack();
Stack sellStack = TaxCalculator.CreateSellTransactionStack();
Assert.AreEqual(2, buyStack.Count);
Assert.AreEqual(2, sellStack.Count);
Price Tax;
Tax = TaxCalculator.CalculateTaxOverTheBuyAndSellStacks(buyStack, sellStack);
// Assert.AreEqual(0, buyStack.Count);
// Assert.AreEqual(0, sellStack.Count);
Assert.AreEqual(20, Tax.Value);
}
public void ShouldCalculateRealizedProfitsAtInstrumentLevel()
{
Portfolio d = new Portfolio();
TransactionCollection ts = new TransactionCollection();
Stock relianceShare = new Stock(new Symbol("RIL"), new Price(10.00), "Reliance Industries");
ts.Add(new BuyTransaction(new DateTime(1999, 3, 20), relianceShare, 10, new Price(1200), 0, 0));
ts.Add(new SellTransaction(new DateTime(1999, 5, 20), relianceShare, 5, new Price(1300), 0, 0));
Assert.AreEqual(500, d.CalculateRealizedProfits(ts,relianceShare));
}
public void ShouldBeAbleToCalculateShortTermTaxForOneBuyAndSell()
{
Instrument share = new Stock(new Symbol("REL"), new Price(10.00), "Reliance Power");
BuyTransaction buyTransaction = new BuyTransaction(new DateTime(2008, 06, 01), share, 10, new Price(10.00), 5.00, 3.00);
SellTransaction sellTransaction = new SellTransaction(new DateTime(2008, 12, 01), share, 10, new Price(20.00), 5.00, 3.00);
Price price = new ShortTermTaxCalculator(null, new FinYear(2009)).CalculateShortTermTaxForAPairOfTransactions(buyTransaction, sellTransaction);
Assert.AreEqual(20, price.Value);
}
public void ShouldCalculateRealizedLossesDumbCaseWithoutTaxOrBrokerage()
{
Portfolio d = new Portfolio();
TransactionCollection ts = new TransactionCollection();
Stock relianceShare = new Stock(new Symbol("RIL"), new Price(10.00), "Reliance Industries");
Stock suzlonEnergyShare = new Stock(new Symbol("SUZ"), new Price(1000.00), "Suzlon Energy");
ts.Add(new BuyTransaction(new DateTime(1999, 3, 20), relianceShare, 10, new Price(1300), 0, 0));
ts.Add(new SellTransaction(new DateTime(1999, 5, 20), relianceShare, 5, new Price(1200), 0, 0));
Assert.AreEqual(-500, d.CalculateRealizedProfits(ts));
}
public void ShouldCalculateRealizedProfitsComplexCaseWithDateMismatch()
{
Portfolio d = new Portfolio();
TransactionCollection ts = new TransactionCollection();
Stock relianceShare = new Stock(new Symbol("RIL"), new Price(10.00), "Reliance Industries");
ts.Add(new BuyTransaction(new DateTime(1999, 3, 20), relianceShare, 5, new Price(12), 0, 0));
ts.Add(new BuyTransaction(new DateTime(1999, 2, 20), relianceShare, 5, new Price(10), 0, 0));
ts.Add(new SellTransaction(new DateTime(1999, 5, 20), relianceShare, 5, new Price(13), 0, 0));
ts.Add(new SellTransaction(new DateTime(1999, 7, 20), relianceShare, 3, new Price(13), 0, 0));
Assert.AreEqual(18, d.CalculateRealizedProfits(ts));
}
public void ShouldCalculateRealizedProfitsAtInstrumentLevelComplexCase()
{
Portfolio d = new Portfolio();
TransactionCollection ts = new TransactionCollection();
Stock relianceShare = new Stock(new Symbol("RIL"), new Price(10.00), "Reliance Industries");
Stock infyShare = new Stock(new Symbol("INF"), new Price(100.00), "Infosys");
ts.Add(new BuyTransaction(new DateTime(1999, 3, 20), relianceShare, 10, new Price(1200), 0, 0));
ts.Add(new SellTransaction(new DateTime(1999, 5, 20), relianceShare, 5, new Price(1300), 0, 0));
ts.Add(new BuyTransaction(new DateTime(1999, 8, 20), infyShare, 67, new Price(110), 0, 0));
ts.Add(new SellTransaction(new DateTime(2000, 9, 20), infyShare, 63, new Price(101), 0, 0));
Assert.AreEqual(500, d.CalculateRealizedProfits(ts, relianceShare));
Assert.AreEqual(-567, d.CalculateRealizedProfits(ts, infyShare));
}
public void ShouldCreateCashDividendTransactionForStock()
{
var firstOfJan2008 = new DateTime(2008, 1, 1);
var selectedStock = new Stock(null, null, null);
var expectedTransaction = new CashDividendTransaction(selectedStock, new Price(100), firstOfJan2008);
CashDividendTransaction actualTransaction =
selectedStock.CreateDividendTransaction(new Price(100),
firstOfJan2008);
Assert.AreEqual(expectedTransaction.Date, actualTransaction.Date);
Assert.AreEqual(expectedTransaction.Instrument, actualTransaction.Instrument);
Assert.AreEqual(expectedTransaction.Date, actualTransaction.Date);
}
public void ShouldBeAbleToCreateSaveAStock()
{
Price stockUnitPrice = new Price(10.00);
Instrument relianceStock = new Stock(new Symbol("REL"), stockUnitPrice, "Reliance Power Stock");
repository.Save(relianceStock);
Console.WriteLine(relianceStock.Id);
Assert.IsTrue(relianceStock.Id>0);
var savedStock = repository.Lookup<Instrument>(relianceStock.Id);
Console.WriteLine(savedStock.Id);
Assert.AreEqual(relianceStock.Id,savedStock.Id);
}
public void ShouldUpdateStockPrice()
{
var fourThousand = new Price(4000);
Instrument instrument = new Stock(new Symbol("SUN"), fourThousand, "Sun MF");
repository.Save(instrument);
var lookedUpObject = repository.Lookup<Instrument>(instrument.Id);
Assert.AreEqual(new Price(4000), lookedUpObject.CurrentPrice);
var newPrice = new Price(2500);
instrument.UpdateCurrentPrice(newPrice);
lookedUpObject = repository.Lookup<Instrument>(instrument.Id);
Assert.AreEqual(new Price(2500), lookedUpObject.CurrentPrice);
}
public void ShouldIncludeDividendInRealizedProfit()
{
Portfolio d = new Portfolio();
TransactionCollection ts = new TransactionCollection();
Stock relianceShare = new Stock(new Symbol("RIL"), new Price(10.00), "Reliance Industries");
int buyUnitPrice = 1200;
int buyBrokerage = 100;
int sellBrokerage = 100;
int buyQuantity = 10;
int sellQuantity = 5;
int sellUnitPrice = 1300;
ts.Add(new BuyTransaction(new DateTime(1999, 3, 20), relianceShare, buyQuantity, new Price(buyUnitPrice), buyBrokerage, 0));
ts.Add(new SellTransaction(new DateTime(1999, 5, 20), relianceShare, sellQuantity, new Price(sellUnitPrice), 0, sellBrokerage));
int dividend = 50;
ts.Add(new CashDividendTransaction(relianceShare,new Price(dividend),new DateTime(1999, 5, 20)));
Assert.AreEqual((sellUnitPrice-buyUnitPrice) * sellQuantity - sellBrokerage -buyBrokerage + dividend, d.CalculateRealizedProfits(ts));
}
public void ShouldGetSTCGForTheListOfValidTransactions()
{
Instrument share = new Stock(new Symbol("REL"), new Price(10.00), "Rel*iance Power");
Transaction buyTransaction1 = new BuyTransaction(new DateTime(2005, 06, 01), share, 20, new Price(10.00), 5.00, 3.00);
Transaction sellTransaction1 = new SellTransaction(new DateTime(2006, 01, 01), share, 10, new Price(20.00), 5.00, 3.00);
Transaction buyTransaction2 = new BuyTransaction(new DateTime(2006, 12, 01), share, 10, new Price(30.00), 5.00, 3.00);
Transaction sellTransaction2 = new SellTransaction(new DateTime(2007, 08, 01), share, 10, new Price(50.00), 5.00, 3.00);
// The balance at end of this should be a Buy with 10 shares left.
// These transactions below will not be considered.
// Transaction buyTransaction8 = new BuyTransaction(new DateTime(2008, 06, 01), share, 10, new Price(10.00), 5.00, 3.00);
Transaction buyTransaction3 = new BuyTransaction(new DateTime(2008, 06, 01), share, 20, new Price(10.00), 5.00, 3.00);
Transaction sellTransaction3 = new SellTransaction(new DateTime(2009, 01, 01), share, 10, new Price(20.00), 5.00, 3.00);
Transaction buyTransaction4 = new BuyTransaction(new DateTime(2008, 12, 01), share, 10, new Price(10.00), 5.00, 3.00);
Transaction sellTransaction4 = new SellTransaction(new DateTime(2009, 08, 01), share, 10, new Price(20.00), 5.00, 3.00);
List<Transaction> listTransaction = new List<Transaction> { buyTransaction1, sellTransaction1, buyTransaction2, sellTransaction2,buyTransaction3, sellTransaction3, buyTransaction4, sellTransaction4 };
ShortTermTaxCalculator TaxCalculator = new ShortTermTaxCalculator(listTransaction, new FinYear(2009));
Price Tax = TaxCalculator.CalculateShortTermTax();
Assert.AreEqual(20, Tax.Value);
}
public void ShouldCreateStackOfSellTransactionsGivenAListOfTransactions()
{
Instrument share = new Stock(new Symbol("REL"), new Price(10.00), "Reliance Power");
Transaction buyTransaction1 = new BuyTransaction(new DateTime(2008, 06, 01), share, 10, new Price(10.00), 5.00, 3.00);
Transaction sellTransaction1 = new SellTransaction(new DateTime(2008, 12, 01), share, 2, new Price(20.00), 5.00, 3.00);
Transaction buyTransaction2 = new BuyTransaction(new DateTime(2009, 06, 01), share, 12, new Price(50.00), 5.00, 3.00);
Transaction sellTransaction2 = new SellTransaction(new DateTime(2009, 12, 01), share, 20, new Price(100.00), 5.00, 3.00);
List<Transaction> listTransaction = new List<Transaction> { buyTransaction1, sellTransaction1, buyTransaction2, sellTransaction2 };
Stack sellStack = new ShortTermTaxCalculator(listTransaction, new FinYear(2009)).CreateSellTransactionStack();
Assert.AreEqual(2, sellStack.Count);
Assert.AreEqual(sellTransaction1, sellStack.Pop());
Assert.AreEqual(sellTransaction2, sellStack.Pop());
}
public void ShouldBeAbleToCreateATransactionShowingRemainingQuantityOfInstrumentForAllBuyAndSellBeforeOneYearPriorToTaxCalculationYear()
{
Instrument share = new Stock(new Symbol("REL"), new Price(10.00), "Rel*iance Power");
Transaction buyTransaction1 = new BuyTransaction(new DateTime(2005, 06, 01), share, 20, new Price(10.00), 5.00, 3.00);
Transaction sellTransaction1 = new SellTransaction(new DateTime(2006, 01, 01), share, 10, new Price(20.00), 5.00, 3.00);
Transaction buyTransaction2 = new BuyTransaction(new DateTime(2006, 12, 01), share, 10, new Price(30.00), 5.00, 3.00);
Transaction sellTransaction2 = new SellTransaction(new DateTime(2007, 08, 01), share, 10, new Price(50.00), 5.00, 3.00);
// The balance at end of this should be a Buy with 10 shares left.
// These transactions below will not be considered.
Transaction buyTransaction3 = new BuyTransaction(new DateTime(2008, 06, 01), share, 20, new Price(10.00), 5.00, 3.00);
Transaction sellTransaction3 = new SellTransaction(new DateTime(2009, 01, 01), share, 10, new Price(20.00), 5.00, 3.00);
Transaction buyTransaction4 = new BuyTransaction(new DateTime(2008, 12, 01), share, 10, new Price(10.00), 5.00, 3.00);
Transaction sellTransaction4 = new SellTransaction(new DateTime(2009, 08, 01), share, 10, new Price(20.00), 5.00, 3.00);
List<Transaction> listTransaction = new List<Transaction> { buyTransaction1, sellTransaction1, buyTransaction2, sellTransaction2, buyTransaction3, sellTransaction3, buyTransaction4, sellTransaction4 };
ShortTermTaxCalculator TaxCalculator = new ShortTermTaxCalculator(listTransaction, new FinYear(2009));
List<Transaction> listOfValidTransactionsForSTCG = TaxCalculator.GetTransactionBalance();
Assert.AreEqual(10,listOfValidTransactionsForSTCG[0].Quantity);
}