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Adjusted Cost Base.ca The Free and Easy Way to Calculate ACB and Track Capital Gains |
When an interest-bearing bond is sold before maturity or bought at a price higher or lower than its face value, a capital gain (or loss) will occur at the time the bond is sold (or matures). Therefore, the adjusted cost base of a bond must be tracked. The buying and selling of a bond can […]
AdjustedCostBase.ca now offers a streamlined method for importing phantom distribution and return of capital transactions for many exchange traded funds (ETF’s), publicly traded mutual funds, income trusts and real estate investment trusts (REITs). Learn more about this feature. When you own exchange traded funds (ETF’s), trusts, or other kinds of publicly traded funds, your brokerage […]
Occasionally a stock split occurs whereby the number of shares in a corporation is increased. For example, a 2-for-1 stock split doubles the number of outstanding shares. Each share is essentially divided into 2, such that each shareholder owns twice as many shares after the split occurs. All else being equal, the market capitalization will […]
You may own the same security in both your non-registered account and registered accounts (TFSA, RRSP, RRIF, RESP, and RDSP accounts). As discussed, adjusted cost base should be calculated jointly when an identical security is owned in multiple non-registered accounts. Transactions in registered accounts should not be considered when calculating ACB. Securities in registered accounts […]
AdjustedCostBase.ca provides a feature that allows you to have multiple portfolios in a single account. This feature allows you to manage and calculate multiple sets of ACB’s using a single AdjustedCostBase.ca account. This feature should be used for the following: To separate ACB calculations between a personal account and a corporate account. To calculate ACB […]