ACB Calculator
For Canadian tax purposes, the intial adjusted cost base of the common shares of Advantage Oil & Gas Ltd. (“Advantage”) received by a former Unitholder of Advantage Energy Income Fund (“Fund”) is generally equal to the adjusted cost base of the former Unitholder’s trust units on July 9, 2009.
Former Unitholders of the Fund are required to reduce the adjusted cost base of their Trust units by an amount equal to the cumulative cash received from cash distributions minus cumulative taxable amounts. The Fund developed an adjusted cost base calculator to assist former Unitholders in determining the adjusted cost base of their units from the date of purchase to the date of conversion to a corporation, for Canadian taxation purposes only.
Advantage or the Fund does not warrant the completeness or accuracy of any of the data contained in or provided by the Adjusted Cost Base Calculator. In no event shall Advantage or the Fund be liable for any damages, costs, expenses or assessments resulting from the use or misuse of any information provided hereby. Users of the Adjusted Cost Base Calculator should consult with their professional advisors with respect to the tax consequences relating to the disposition of trust units, disposition of common shares, and in particular, the consequences where the adjusted cost base calculation would yield a result of less than zero.
There were no Return of capital amounts for 2009.