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... But beware, if the statement is showing a "capital gain distribution", that's not necessarily the same as the reinvested distribution. So it would not be correct to update your ACB based purely on a "capital gain distribution" ... Some people seem to think these are the same (because they often are) but the numbers can differ ...
Since TDDI has started doing this ... either the March entries match the phantom distribution for that particular ETF or there are no march entries when the phantom distribution is zero, regardless of what the T3 says for capital gains.



... My point being, a "reinvested distribution" is not the same thing as a capital gain distribution. So I think if you see "capital gain distribution" on a broker statement, that should not be used for updating the ACB.
Maybe different brokers mix them up?
All I have personal experience with consistently aligns with the March twin entries being documentation of a phantom distribution.

I'll see what I can find for the examples.


Cheers

PS
If the GCNS distribution info is coming from the iShares Canada web site for 2020, this may be a system problem. Yahoo lists cash paid quarterly for XIC yet the iShares Canada annual distribution for 2020 has hypens for all columns (XIU as well).
 

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... I don't think that invalidates my statement that "ETF capital gains are listed in box 21 of the T3, whether they are paid in cash or reinvested." :unsure:
Taxtips.ca says:
"Reinvested capital gains distributions will be included as capital gains on your T3, but a portion of the capital gains reported on the T3 may have been part of a cash payment ... Another thing that can be done is to compare the total of distributions that you were actually paid to the total of distributions shown on your T3 ... These reinvested capital gains distributions are included in the amount of capital gains in box 21 on the T3 slip. They are not normally included in any other of the T3 boxes. "

So maybe there's some situation where other boxes have ACB changing effect but so far, I haven't run into it.


There was also some comment about distributions having to be received in the calendar year, which taxtips.ca disagrees with.

"Keep in mind that a distribution that you received in January of 2020 may be included in the T3 income for 2019, because it was recorded by the ETF in December."

Cheers
 
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