RE:RE:RE:IT WORKS!!!! I was able to calculate ACB CVE and matchMaybe we are saying the same thing in your example. Your extra $2 gain, That's Paid (declared for 2021). If you don't choose to declare the $2 gain, then you have to add that to your ACB which should bring it to $7.75.
All just my view/opinion/thinking/guessing.
RagingBull3 wrote: You will have capital gains of only $10 when you sell at $17.75 because you already declared a gain in 2021.
If you don't declare a capital gain on your commons then your ACB is not $7.75.
You ACB is:
Original HSE TOTAL COST * 96.85% (Portion HSE total ACB)
divided by Total Number HSE shares * 0.7845 (# CVE shares)
equals ACB of CVE per share.
All just my opinion/view/thinking/guessing
Husky4000 wrote: The thing is you still have to take into account HSE capital gains pre-merger.
Even if by fiction the cost basis of CVE is 7.75.
When you sell your CVE at 17.75 for example, you have 10$ capital gains per share right?
Ok, but what about the gains from HSE???CRA will want the money.
As I demonstrated yesterday, CVE 7.75 is HSE 6.07 (not taking into account the 3.42%....so let's say CVE 7.75 is HSE 5.90 more or less)
Then, if your average HSE is 3.90, you have an additional 2$ cap gain.
That's my point