• Non-assessable distributions

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    The cost base of shares or units for capital gains tax calculations may need to be adjusted where, without disposing of their shares or units, a shareholder or a unit holder receives a non-assessable distribution. A payment or distribution can include money and property.

    You need to keep accurate records of the amount and date of any non-assessable distributions in relation to your shares and units.

    Last modified: 18 Sep 2009QC 18323