Allocating ACB after a spin-off
Document a spin-off cost allocation using issuer tax materials, Canadian rules, and manual ledger adjustments without inventing acquisition cost.
Guides for Canadian investors tracking adjusted cost base across taxable accounts, brokerages, ETF adjustments, and year-end reporting.
Practical guides on adjusted cost base for Canadian taxable investment records. Use the worked examples to review your assumptions, then check a scenario with the free investor tools .
Document a spin-off cost allocation using issuer tax materials, Canadian rules, and manual ledger adjustments without inventing acquisition cost.
Rebuild missing Canadian ACB records with broker archives, transfer statements, distribution history, and a documented reconciliation worksheet.
Update share quantities and ACB per share after a stock split or consolidation, with examples, fractional-share checks, and supporting records.
How Canadian tax reporting works for listed calls and puts, including grant-year premium, closing trades, exercise, assignment, expiry, and cross-year adjustments.
Canada's superficial loss rule can deny a capital loss when the same or identical property is acquired in a 61-day period and is still owned at the end. Learn the two-part test, partial-loss formula and ACB treatment.
A practical monthly and year-end recordkeeping routine for Canadian investors tracking purchases, DRIPs, ETF adjustments, transfers, FX, and T5008 slips.
Phantom distributions are taxable income from ETFs that were never paid out in cash. They increase your adjusted cost base and are often missed by broker book value records.
Learn how to find and document Bank of Canada exchange rates for foreign-currency investments, including settlement dates, missing observations, and T5008 checks.
A practical pre-tax-filing checklist for Canadian investors to verify ACB, T5008 slips, ETF ROC, USD trades, DRIPs and multi-broker holdings before Schedule 3.
Download a five-sheet Excel ACB workbook and learn how to record purchases, DRIPs, sales, and cost adjustments across taxable brokerages.
Understand adjusted cost base in Canada, distinguish total ACB from ACB per share, and follow worked calculations for purchases, partial sales, ETFs, and USD trades.
Broker book value can be a useful cross-check, but it may not reflect your complete adjusted cost base. Learn when it is useful, why differences arise, and how to reconcile them.
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.
Record U.S. stocks held in a U.S.-dollar account for Canadian tax, converting each purchase and sale to CAD at its documented rate.
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.