ACB Calculator

In computing income, unitholders are required to include their pro-rata share of any taxable income earned by the Trust in that year. The adjusted cost base ("ACB") of an investor's trust unit equals the purchase price of the Trust unit less any non-taxable cash distributions received from the date the unit was purchased. Should an investor's ACB be reduced below zero, the extent to which the ACB is below zero will be deemed to be a capital gain to the unitholder and the ACB of the unit will be brought to $nil.

New ACB Calculation

Enter the following information for each of your transactions:

TypeUnitSettlement DateUnitsPrice ($/unit)Total Commission

If you need to enter more transactions, enter how many you need here and click Change.
     Show rows.  

If you want your ACB for a specific date, change the date here.
     Calculate ACB as of

 

This calculator is for use by Vault Energy Trust investors to determine the adjusted cost base of Vault’s trust units currently held or sold. While care has been taken to determine the accuracy of the calculator and the data contained within, Vault does not warrant its completeness or accuracy nor shall they be liable for any damages, costs, expenses or assessments resulting from the use or misuse of the information provided by the calculator. In addition, the calculator uses estimates of the allocation of the current year's distributions between taxable income and return of capital. Differences between the estimates used herein and the actual results reported on the Trust's T3 return will affect the resultant ACB reported by this calculator. Users of this ACB calculator should consult with their professional advisors with respect to tax consequences relating to the holding and sale of trust units.