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Bullboard - Stock Discussion Forum Victory Square Technologies Inc C.VST

Alternate Symbol(s):  VSQTF

Victory Square Technologies Inc. is a Canada-based venture builder that provides investors a liquid way to invest in early-stage technology companies without buying a venture fund that requires accredited investor status or multi-year commitments. The Company has a diverse portfolio of approximately 25+ companies that are engaged in verticals, including artificial intelligence (AI), machine... see more

CSE:VST - Post Discussion

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Post by beenthere on Apr 06, 2022 7:27am

Share Dividends

I have been around for a long time but had never received share dividends before.
Just assumed they were like a regular dividend but paid out in the form of shares which they were.

But when I got my tax info for my 2021 taxes I see the amounts for the dividend shares we're added in with my regular dividends and treated the same as in gross up etc.

My question:   When I sell those dividend shares what should I be using as my ACB? What they were worth at the time I received them even if I had paid taxes on the dividend?
Comment by beenthere on Apr 12, 2022 7:34pm
Thank you!