Troubleshooting

As per the Canada Revenue Agency (CRA), you must report the new quantity and ACB of the shares, rather than the old one. Therefore if 160 shares have then received a reverse-split, and for example purposes the price per share was $10, after the reverse-split it will become $100, you will report a quantity of 16 and an ACB of $100 per share, and then the proceeds of whatever new price you sold it at. All of this information can be found on the CRA article: Stock splits and consolidations.

 

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