Fundamentals of ACB

Advanced ACB Topics

AdjustedCostBase.ca Site Help

Tax Tools and Resources


Recently Added Posts

CRA Extends 2014 Income Tax Filing Deadline to Midnight Tuesday, May 5, 2015

The Canada Revenue Agency has announced that the tax filing deadline for submitting 2014 tax returns has been extended to midnight on Tuesday, May 5, 2015: On April 24, the CRA issued a communication to some Canadians that referred to an incorrect filing deadline for 2014 tax returns of May 5, 2015, rather than April […]

Adjusted Cost Base and Capital Gains for Stock Options

The tax consequences of investing with stock options on capital account are complex in comparison to directly investing in stocks.  The tax treatment is as widely varied as the different combinations of opening options transactions (buying/selling put/call options) and closing transactions (the options can expire, can be exercised, or can be bought/sold to close).  When […]

Applying the Superficial Loss Rule for a Partial Disposition of Shares

The superficial loss rule defines certain circumstances when capital losses are denied.  The details of the superficial loss rule are discussed here: What Is the Superficial Loss Rule? Here we’ll expand on the superficial loss rule by discussing some cases when a loss can be partially denied instead of being denied in full. When the […]

Getting Started on AdjustedCostBase.ca

If you’re new to AdjustedCostBase.ca, this guide will help explain how to get started with step-by-step instructions.  AdjustedCostBase.ca is a tool that allows Canadian investors to calculate adjusted cost base, a necessary step in determining capital gains.  It’s designed to be easy to use and you can register for an account instantly and for free. […]

The Capital Gains Exemption on In-Kind Charitable Donations of Stocks, Mutual Funds and Bonds

Charitable donations can be made not only in the form of cash, but can also be made as in-kind contributions of property.  When an in-kind contribution consists of publicly traded shares, mutual funds or bonds, any capital gains realized are eligible for an inclusion rate of zero.  This means that a donor can avoid playing […]