Alaris Equity Partners Income 5 50 convertible unsecured subordinated Debentures T.AD.DB

Alternate Symbol(s): ADLRF | T.AD.DB.A | T.AD.UN

Financial Services Asset Management

Alaris Equity Partners Income Trust (the Trust) is a Canada-based private equity company. The Trust, through its subsidiaries, provides alternative financing to private companies. The Trust’s operations consist primarily of investments in private operating entities. The principal objective of the Trust is to generate stable and predictable cash flows for payment of distributions to unitholders of the Trust. The Trust offers a range of services, which include services, healthcare services, industrial services, professional services, information technology services, and construction-related services. The Company’s investments are made through a wholly owned Canadian corporation, Alaris Equity Partners Inc., and its American investments are made through, Alaris Equity Partners USA Inc. (Alaris USA) and Salaris USA Royalty Inc. (Salaris USA). The Trust also has a wholly owned subsidiary in the Netherlands, Alaris Cooperatief U.A. (Alaris Cooperatief).

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Alaris Equity Partners Income 5 50 convertible unsecured subordinated Debentures > The ad to ad.un tax treatment ?

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Comment by CanSiamCypon Dec 15, 2020 8:44pm

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Post# 32115462

RE:The ad to ad.un tax treatment ?

Hi! What is your specific question? As far as my account is concerned there is nothing more to do until tax filing time in March/April. In my case, BMOIL entered the newly-issued AD.UN units with an ACB of $12.34 (different brokers use slightly different values I discovered). They will issue a T5008 in Feb./March showing the disposition of the AD shares at the $12.34 price. The T5008 form will also show the ACB of the "disposed" AD shares: if higher than $12.34, you will have a capital loss to report on your Schedule 3. Hopefully, your broker had recorded the correct ACB for your AD shares. If not, you can over-ride their figures by using the correct ACB; it is the taxpayer's responsibility to report correct values. Cheers!

bbzzzz wrote: Has anyone gained any solid knowledge or docuementation of the treatment of ad to a trust ?

I realize that there is a deemed disposition at around $12.39 . I am wondering to get some further validation to help with closing portfolio matters as 2020 draws to an end . My financial institution has not helped me with this to date .
What has happened with you ?

Thanks fellow shareholders !