Stamp duty and Commission costs of Purchasing Shares


If investment shares purchased by a company have incurred stamp duty and commission costs does this form part of the cost of the short term investment in the Balance sheet?  Or is it only the value of the shares that go to the balance sheet and these costs go in the P&L (assuming not CT deductible)?

Any clarification would be really appreciated.

Thanks in advance.

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Euan MacLennan |
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