ACB

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ACB

1. Abbr. for asbestos-cement board.
References in periodicals archive ?
The remaining one per cent is a tax-deferred "return of capital", which should be deducted from the adjusted cost base of a holder's units in the Trust.
In effect, a rollover could be established for reinvested proceeds, with the adjusted cost base of the original investment carried over to the new investment.
Unitholders are also reminded that this same amount should be added to the adjusted cost base of their holdings of the Fund.
Adjusted Cost Base of Fund Units for Capital Gain Purposes
Unitholders are required to include this capital gain in income and this same amount should be added to the adjusted cost base of their holdings of the Fund.
In most circumstances, the return of capital portion will reduce the unitholder's adjusted cost base of their Focus Energy Trust units.
Canadian Unitholders will be required to reduce the adjusted cost base of the Unitholder's units by the fair market value of the special cash distribution.
92 TAX CONSIDERATIONS OF THE TRANSACTION (for illustrative purposes only)(3) Adjusted cost base calculation for GL&V Class A shares Adjusted cost base (for illustrative purposes) $20.
Unitholders are required to reduce the adjusted cost base ("ACB") of their Trust units by the amount reported in Box 42 "Amount Resulting in Cost Base Adjustment" of the T3, which is equal to the cumulative distribution declared during calendar 2006 less the amount reported as "Other Income" in Box 26 of the T3.
Unitholders are required to reduce the Adjusted Cost Base ("ACB") of their trust units by an amount equal to the cumulative distributions received during 2005 minus the cumulative taxable amounts reported as "Other Income" on the T3 slip.
Canadian unitholders are required to reduce the adjusted cost base (ACB) of their trust units by an amount equal to the tax deferred portion of the distributions.

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