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95:(ETF) may choose to reinvest some of its realized capital gains instead of paying the money out as a distribution to unit holders. This incurs a taxable capital gain for unit holders and must be added to the ACB of the ETF to prevent double taxation.
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Acquisition costs such as legal fees, land transfer tax, land surveys and property inspections increase the ACB of a property. Interest paid on debt used to acquire vacant land is added to the ACB of the land.
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An increase in the ACB will reduce the amount of capital gains realized at time of disposition. Mutual fund front end or deferred sales charges are treated like purchase and sale commissions for tax purposes.
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Capital improvements made to a property are added to the ACB of that property. Capital improvements generally extend the life of a property and specifically exclude routine repairs and maintenance.
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Average ACB/unit = (initial investment + additional contributions + fees and commissions - amount of any previous sales or redemptions) / total number of units currently held
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refers to the cost of an investment adjusted for several tax-related items including acquisition costs. It is used in the calculation of
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ACB = initial investment + additional contributions + fees and commissions - amount of any previous sales or redemptions
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136:"As easy as ACB: Understanding and tracking adjusted cost base with ETFs"
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Additional contributions includes any reinvested distributions.
215:Canada Revenue Agency Website - Adjusted Cost Base
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107:- Equivalent term in the United States.
48:ACB can also be presented as ACB/unit:
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192:"Haunted by phantom ETF distributions"
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166:Agency, Canada Revenue (2017-06-22).
16:In the Canadian tax system the term
33:For Stocks, Mutual Funds and Bonds:
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168:"Adjusted cost base (ACB)"
18:Adjusted cost base (ACB)
111:Canada Revenue Agency
87:Phantom distributions
75:For Selling Property:
93:exchange-traded fund
230:Taxation in Canada
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142:. 2014-06-02
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28:Calculation
24:or losses.
224:Categories
197:2019-05-13
177:2019-05-16
146:2019-05-16
122:References
235:Tax terms
99:See also
140:Advisor
63:Note:
172:aem
91:An
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