Every DRIP share purchase adds to your adjusted cost base. Miss even a few years of DRIP transactions and your ACB is understated — which means you'll report more capital gain than you owe.
Learn how ETF return of capital, T3 Box 42, issuer tax factors, DRIPs and changing unit balances affect adjusted cost base in a Canadian taxable account.
Canadian tax law requires one pooled ACB for identical securities across all your taxable accounts — not one per brokerage. Here's what that means in practice.
T5008 Box 20 may or may not reflect your adjusted cost base. Learn how to reconcile the broker's cost figure with your records and Schedule 3.
Canadian investors must report U.S.-dollar security transactions in Canadian dollars. Learn how to choose, apply, and document exchange rates for ACB and proceeds.
Adjusted cost base is the pooled tax cost of an investment across taxable accounts. Learn how it is calculated and why broker book value may differ.