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Bullboard - Stock Discussion Forum TC Energy Corp T.TRP.PR.B


Primary Symbol: T.TRP Alternate Symbol(s):  T.TRP.PR.H | TCENF | T.TRP.PR.I | TRP | TCEYF | TRPEF | T.TRP.PR.A | TCANF | TCNCF | TRPPF | T.TRP.PR.C | TRPRF | T.TRP.PR.D | T.TRP.PR.E | T.TRP.PR.F | TNCAF | T.TRP.PR.G

TC Energy Corporation is a Canada-based energy problem solver working to move, generate and store the energy in North America. The Company's segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines and Mexico Natural Gas Pipelines, and Power and Energy Solutions. The Company's business includes Energy Solutions, Natural Gas, and Power and Storage. The Natural Gas business... see more

TSX:TRP - Post Discussion

TC Energy Corp > Tax treatment for TRP and SOBO shares
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Post by Aminvestor1234 on Oct 02, 2024 10:34am

Tax treatment for TRP and SOBO shares

Does any one know the tax implication of the transaction? What would be the adjusted cost base of the TRP and SOBO shares after the distribution of SOBO shares to the TRP shareholders?
Comment by youknowwhat on Oct 02, 2024 10:53am
Read the news release. Adjusted cost base will be posted on the web sites of SOBO and TRP. why do people that invest in equities do so little research on their own?
Comment by DeanEdmonton on Oct 02, 2024 11:07am
YKW - spot on. Can't imagine holding a position of any size and not knowing what was happening.
Comment by auagntungsten on Oct 02, 2024 11:18am
i would be better if the shares were posted to your account before others could trade them....As fo going to anouther tading platform the banks have it set so that it takes up to 3 months to move stock over in kind. during that time lots could happen such as dividend confusion.  The banks as we all should know transfer pieces of paper for profit when they take NO RISK themselves. It goes back ...more  
Comment by nedstar71 on Oct 02, 2024 11:23am
To be fair, this entire process has been so convoluted and poorly communicated by the company(s) it's been ridiculous. Even Southbow's NR yesterday....by anyone's interpretation this should mean me and everyone else selling shares of TRP on or after the 25th get SOBO shares no?  But yet of course we don't judging by the actual true "on record" date "South Bow ...more  
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