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Tricon Residential Inc. (TCN)
Tricon Residential Inc. (TCN)
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Q: Hi there,
Part of the $11.25Us settlement for TCN is return of capital ($3.10). Do we have to adjust the ACB for this amount, or this is only wording ?

Asked by Denise on May 15, 2024

5i Research Answer:

Yes; the ROC component should be deducted from ACB for tax purposes.

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