Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.

TSX:QIPT - Post by User

Quipt Home Medical Corp > Adjusted cost base = zero

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Post by lscfaon Mar 16, 2021 1:55pm

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Post# 32808750

Adjusted cost base = zero

Haven't bought any PTQ or PHM since the spin out in December 2017. For tax purposes the spinout was deemed as a sale of an old PHM share at $0.33 and the acquistion of a new PHM shares for zero dollars and the acquistion of 1/10 of a VMD share for $3.30.

For you in the same situation it does not pay to trade PTQ without triggering a huge cap gain tax.

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