As per SDPWS 4.3.6.1.2 Eqn. 4.3-8 , the overturning component of the hold-down force is calculated by
F = vh = Vh/ L
where
Refer to the discussion in the Holddown forces topic for wall heights at gable ends.
If the hold-down offset is not subtracted, it is still used to prevent the incorrect addition of compression hold-down forces with tension ones on adjacent walls, and to allow for a more accurate presentation of your design.
Perforated Shear Walls
For perforated shear walls, the calculation from SDPWS Eqn. 4.3-8 in 4.3.6.1 is
F = Vh/ COSLi
where CO is the perforation factor and SLi is the sum of the shear wall segments, adjusting for narrow segments as per 4.3.4.3.
Note that this provision also indicates that the wall height is to be used and the hold down offset is not to be subtracted, but these can be over-ridden by the Hold-down settings,.