,canada ,rev5ue ,ag5cy #a ,9come ,tax ,te*nical ,news ,numb] #ci ,decemb] #d1 #bjjh ,9 ,? ,issue ,settle;t (a ,%>ehold] ,class ,ac;n ,suit--,comp5s,n 0,way ( ,ca% & ,%>es ,! ,9come ,tax ,te*nical ,news is produc$ 0! ,legislative ,policy & ,regulatory ,a6airs ,bran*4 ,x is provid$ = 9=m,n purposes only & does n replace ! law4 ,if y h any -;ts or su7es;ns ab ! matt]s 4cuss$ 9 ? public,n1 pl1se s5d !m to3 ,9come ,tax ,rul+s ,directorate ,legislative ,policy & ,regulatory ,a6airs ,bran* #a  ,te*nical news a#a ,canada ,rev5ue ,ag5cy ,ottawa ,,on ,k#a;,a #j;,l#e ,! ,9come ,tax ,te*nical ,news c 2 f.d on ! ,canada ,rev5ue ,ag5cy ,9t]net site at _+www.cra.gc.ca_:4 ,settle;t (a ,%>ehold] ,class ,ac;n ,suit--,comp5s,n 0,way ( ,ca% & ,%>es ,z a result (! settle;t (a %>ehold] class ac;n suit ag/ a corpor,n 9 respect ( alleg,ns ( >tifici,y 9flat$ %>e prices1 ,i rec5tly rcvd ca% & %>es f ! corpor,n 7! 8.,settle;t .,pay;t071 2c ( %>es (! same class ,i _h previ\sly b"\ 7! 8.,orig9al .,%>es074 ,! am.t ( ca% &! numb] ( %>es t ,i rcvd 9 my ,settle;t ,pay;t 0 directly relat$ 6h[ _m ,orig9al ,%>es ,i b"\4 ,h[ w ! ca% & %>es 2 tax$ 9 ! foll[+ situ,ns8 #b  ,settle;t (a ,%>ehold] b#a #a4 ,i acquir$ my ,orig9al ,%>es 9 a regi/]$ plan s* z a ,regi/]$ ,retire;t ,sav+s ,plan 7,,rrsp7 or a ,regi/]$ ,retire;t ,9come ,fund 7,,rrif74 ,! ,settle;t ,pay;t %d h be5 pd directly 6! ,,rrsp or ,,rrif 0! corpor,n4 ,if ! ,settle;t ,pay;t 0 pd directly 6yr ,,rrsp or ,,rrif 0! corpor,n1 or if y rcvd ! ,settle;t ,pay;t b y return$ x 6yr ,,rrsp or ,,rrif )9 a r1sona# "t1 !n y w n h 6pay tax on ! ,settle;t ,pay;t at ! "t x is rcvd4 ,! ,settle;t ,pay;t w 2 tr1t$ z ?\< x 0 n"e \tside (! ,,rrsp or ,,rrif4 ,! transf] (! ,settle;t ,pay;t 6! ,,rrsp or ,,rrif 6correct ! ]ror w n 2 3sid]$ a 3tribu;n1 & no deduc;n w 2 p]mitt$ =! am.t transf]r$4 ,g5],y1 we w 3sid] a ,settle;t ,pay;t 6be return$ )9 a r1sona# "t if x is return$ )9 six mon?s ( 2+ rcvd or 0! 5d (! #c  ,settle;t (a ,%>ehold] c#a tax,n ye> 9 : x 0 rcvd1 :i*"e is lat]4 ,9 circum/.es ": yr ,,rrsp or ,,rrif no l;g] exi/s1 yr ,,rrsp has matur$ or yr ,,rrsp has be5 3v]t$ 6a ,,rrif1 ! ,settle;t ,pay;t relat+ 6! %>es acquir$ 9 yr previ\s ,,rrsp or ,,rrif may 2 pd 96ano!r exi/+ or a su3essor ,,rrsp or ,,rrif )! same tax 3sequ;es4 ,if y rcvd ! ,settle;t ,pay;t 9 respect ( %>es held 9 yr ,,rrsp or ,,rrif & *oose n 6transf] ! ca% & %>es 6yr ,,rrsp or ,,rrif1 ! ca% pay;t &! fair m>ket value (! %>es w 2 3sid]$ 9come & m/ 2 9clud$ on yr tax return z an ,,rrsp or ,,rrif b5efit rcvd 9 ! ye>4 #b4 ,i / [n all ( my ,orig9al ,%>es t ,i acquir$ \tside ( my ,,rrsp or ,,rrif4 #d  ,settle;t (a ,%>ehold] d#a ,no am.t w h 6be 9clud$ 9 yr 9come z a result (! receipt (! ,settle;t ,pay;t4 ,"! w only 2 an adju/;t 6! adju/$ co/ base (! ,orig9al ,%>es4 ,s9ce y / [n all ( yr ,orig9al ,%>es1 ! adju/$ co/ base = ea* %>e t y [n af rcvg ! ,settle;t ,pay;t is equal 6! adju/$ co/ base (! ,orig9al ,%>es1 reduc$ 0! am.t ( ca% y rcvd 9 ! ,settle;t ,pay;t1 all divid$ 0! total numb] ( %>es --------------------------------------#b t y n[ [n4 7,y w 2 tr1t$ z if y pd less = m %>es 9 ! orig9al %>e pur*ase47 ,example3 ,y [n #aj ,orig9al ,%>es (! corpor,n ) an adju/$ co/ base ( 4#a1bjj or 4#abj p] %>e4 ,y rcv a ,settle;t ,pay;t 3si/+ ( 4#ajj 9 ca% plus #a %>e4 ,yr adju/$ co/ base = yr #aa #e  ,settle;t (a ,%>ehold] a#b %>es is n[ 4#a1ajj 74#a1bjj m9us 4#ajj7 or 4#ajj p] %>e4 #c4 ,i no l;g] [n any (! ,orig9al ,%>es t ,i acquir$ \tside ( my ,,rrsp or ,,rrif4 ,s9ce y no l;g] [n$ any ( yr ,orig9al ,%>es :5 y rcvd ! ,settle;t ,pay;t1 y >e 3sid]$ 6h rcvd a4i;nal proce$s ( 4posi;n f hav+ 4pos$ ( yr ,orig9al ,%>es4 ,if y held yr ,orig9al ,%>es on capital a3.t1 ! value (! ,settle;t ,pay;t 7i4e4 ! ca% am.t plus ! curr5t fair m>ket value ( any new %>es7 w 2 tr1t$ z a capital ga9 & y m/ 9clude a por;n 7curr5tly #ej@3p7 ( ? am.t 9 yr 9come =! ye> z a taxa# capital ga94 ,a taxa# capital ga9 c 2 reduc$ or elim9at$ 0any unclaim$ all[a# capital losses t y may h4 #f  ,settle;t (a ,%>ehold] b#b ,! adju/$ co/ base ( any %>e rcvd 9 ! ,settle;t ,pay;t w 2 equal 6xs fair m>ket value at ! "t t y rcvd x4 ,if y >e a trad] or o!rwise held yr ,orig9al ,%>es on 9come a3.t1 !n ! ,settle;t ,pay;t w 2 9clud$ 9 yr 9come =! ye> z busi;s 9come r ?an z a capital ga94 ,! %>es y rcvd f ! settle;t >e 9v5tory1 ! co/ ( : w 2 equal 6! fair m>ket value ( ^? %>es :5 !y 7 rcvd4 #d4 ,i h 4pos$ ( "s1 b n all1 (! ,orig9al ,%>es t ,i b"\ on capital a3.t \tside ( my ,,rrsp or ,,rrif4 ,": y h 4pos$ ( "s1 b n all1 ( yr ,orig9al ,%>es1 y m/ tr1t ! ,settle;t ,pay;t z 2+ two pay;ts = tax purposes2 "o pay;t relat+ 6! ,orig9al ,%>es t y / [n & "o pay;t relat+ 6! ,orig9al ,%>es t y h 4pos$ (4 ,! ,settle;t ,pay;t %d 2 #g  ,settle;t (a ,%>ehold] c#b split propor;n,y1 tak+ 96a3.t ! relative numb] ( %>es t 7 4pos$ ( -p>$ 6! total numb] ( ,orig9al ,%>es4 ,pl1se ref] 6situ,ns #b & #c abv = details on h[ 6tr1t ea* "p (! ,settle;t ,pay;t4 ,example3 ,y acquir$ #cj ,orig9al ,%>es (! corpor,n \tside ( yr ,,rrsp or ,,rrif & y held ^! %>es on capital a3.t4 ,y sold #bj %>es two ye>s ago4 ,yr rema9+ #aj %>es h an adju/$ co/ base ( 4#a1bjj or 4#abj p] %>e4 ,y h rcvd a ,settle;t ,pay;t 3si/+ ( 4#cjj 9 ca% & #c %>es4 ,! curr5t fair m>ket value (! #c %>es is 4#aj ea*4 ,! por;n (! ,settle;t ,pay;t t is a capital ga9 is 4#bbj1 & is -put$ z foll[s3 #h  ,settle;t (a ,%>ehold] d#b #bj %>es sold divid$ 0#cj total %>es "ts 74#cjj plus 7#c "ts 4#aj ea*77 equal 4#bbj ,yr taxa# capital ga9 6be report$ 9 ! ye> w 2 #ej@3p ( ? am.t1 : is 4#aaj4 ,a taxa# capital ga9 c 2 reduc$ or elim9at$ 0any unclaim$ all[a# capital losses t y may h4 ,! por;n (! ,settle;t ,pay;t relat+ 6! %>es y / [n results 9 an ,,acb reduc;n ( 4#aaj1 t is -put$ z foll[s3 #aj %>es sold divid$ 0#cj total %>es "ts 74#cjj plus 7#c "ts 4#aj ea*77 equal 4#aaj ,! ,,acb (! #ac %>es y n[ [n wd 2 -put$ z foll[s3 #i  ,settle;t (a ,%>ehold] e#b #aj ,orig9al ,%>es at 4#abj ea* """""""""""""""""""""" 4#a1bjj #c ,settle;t ,%>es at 4#aj ea* """"""""""""""""""""""""" 4#cj ,sub-total = #ac %>es """""" 4#a1bjj ,less3 ,,abc reduc;n 7z calculat$ abv7 """"""""""""" 4#aaj ,total ,,acb ( #ac %>es """" 4#a1abj ,,acb p] %>es 74#a1abj divid$ 0#ac7 """"""""""""" 4#hf.ae #e4 ,i h 4pos$ ( all ( my ,orig9al ,%>es t ,i _h acquir$ \tside ( my ,,rrsp or ,,rrif b1 prior 6rcvg ! ,settle;t ,pay;t1 ,i acquir$ m %>es \tside ( my ,,rrsp or ,,rrif4 ,! %>es y h acquir$ s9ce 4pos+ (! ,orig9al ,%>es >e unrelat$ 6! ,settle;t ,pay;t2 "!=e1 ! situ,n is ! same z 9 #c abv4 ,y h a capital ga9 or busi;s 9come1 dep5d+ on :e!r y held ! ,orig9al ,%>es on capital #aj  ,settle;t (a ,%>ehold] f#b or 9come a3.t1 equal 6! total value (! ,settle;t ,pay;t4 --------------------------------------#c #f4 ,i / [n all ( my ,orig9al ,%>es t ,i hold on capital a3.t \tside ( my ,,rrsp or ,,rrif b1 prior 6rcvg ! ,settle;t ,pay;t1 ,i acquir$ m %>es (! same class1 : ,i al hold on capital a3.t \tside my ,,rrsp or ,,rrif4 ,! %>es y h acquir$ s9ce y f/ acquir$ ! ,orig9al ,%>es >e unrelat$ 6! ,settle;t ,pay;t2 "!=e1 ! situ,n is e6ectively ! same z 9 #b abv4 ,! adju/$ co/ base (! %>es 7(! same class7 t y n[ [n m/ 2 reduc$ 6reflect ! ,settle;t ,pay;t rcvd4 ,example3 ,y acquir$ \tside yr ,,rrsp or ,,rrif #aj ,orig9al ,%>es ) an adju/$ co/ base 78,,acb07 ( 4#a1bjj or 4#abj ea*1 : y hold on #aa  ,settle;t (a ,%>ehold] a#c capital a3.t4 ,y lat] pur*as$ \tside yr ,,rrsp or ,,rrif #d m %>es (! same class )a m>ket value ( 4#aj ea*1 : y hold on capital a3.t z well4 ,subsequ5tly1 y rcvd a ,settle;t ,pay;t 9 respect (! #aj ,orig9al ,%>es t y / [n4 ,! ,settle;t ,pay;t 3si/$ ( 4#ajj 9 ca% plus #a %>e )a m>ket value ( 4#aj4 ,! ,,acb (! #ae %>es y n[ [n w 2 reduc$ 6reflect ! ,settle;t ,pay;t y rcvd4 ,! ,,acb ( h] %>es is -put$ z foll[s3 #aj ,orig9al ,%>es at 4#abj ea* """""""""""""""""""""" 4#a1bjj #d %>es y b"\ at 4#aj ea* """"" 4#dj #a ,settle;t ,%>e at 4#aj """"" 4#aj ,sub-total = #ae %>es """""" 4#a1bej ,less3 ,,acb ,reduc;n 74#ajj ca% plus #a %>e at 4#aj7 """ 4#aaj ,total ,,acb ( #ae %>es """" 4#a1adj #ab  ,settle;t (a ,%>ehold] b#c ,,acb p] %>e 74#a1adj divid$ 0#ae7 """""""""""""""""""" 4#gf.jj #ac