GREY:EBGUF - Post by User
Comment by
TickerTwiton May 19, 2018 9:11pm
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Post# 28057384
RE:RE:I want 0.84 ENB for each share of ENF not 0.7
RE:RE:I want 0.84 ENB for each share of ENF not 0.7The BCE buyback of Bell Aliant was arranged so that the transaction was tax-neutral for Canadians, and that opinion was given in the circular. Another way would be to treat it as an adjustment to cost base. I don't know if there are other ways to avoid a disposition.
Hopefully we'll get an opinion included when the circular is sent out.
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gold_diggers1 wrote:
conversion ratio aside, as per Revenue Canada rules, dont u have to report capital gain or loss on ENF once the conversion took place as if ENF shares would have been "deemed" disposed of?