RE:Link to how the CVE transaction should be treated TAX wise..downwithdotcom1 wrote: Does this help??? I am still confused by the jargon but it at least gives a fair market price of CVE etc when the tranaction closed..
Cenovus-Husky-transaction-shareholder-tax-information.pdf
My initial SIMPLE question: with in the bounds of my regular taxable investment account does this transaction treat my held shares of HUSKY as DEEMED BEING SOLD??? (therefore , in my case, i'd get a capital loss, as i bought my HSE at higher prices - make lemonaid out of lemons
for the record, my Jan 2021 documents lists this as an "exchange.of shares"
Thanks again for the link, it was the other half of the missing information I needed to figure out what to do. IMHO, I think yes I think you probably have a loss on your warrants for 2021. You can apply this to gains. If you don't have any gains you can carry it forward I believe.
I did an example of how to calculate gain/loss. I think it's correct. Of coarse, missing is cost of any fees, and orphan shares that were paid out and any other fees or payments.
All just my opinion/view/thinking.