en     ru     jp
 
 
private banking
private banking
private banking
private banking
private banking
private banking
private banking
     
 
Home
      
Knowledge Base
      
Financial Glossary
      
Adjusted Cost Base - ACB
       
 
Back

Adjusted Cost Base - ACB

 Search definitions     
  Search  

Adjusted Cost Base - ACB
An income Tax term that refers to the change in an asset's Book Value resulting from improvements, new purchases, sales, payouts, or other factors.
    
An adjusted cost base can be calculated on a single or a per unit Basis.
    
The Book Value can be adjusted because of a change or improvement made to the asset. The new adjusted cost base is then used to compute the gain or loss when it is sold. In some jurisdictions, the adjusted cost base must be used as the cost of the asset for capital gains purposes.
    
Book Value is the value at which an asset is carried on a Balance Sheet. In other words, the cost of an asset minus accumulated Depreciation.
Posted by  IMCA
 
  Back  
  Print  
  Email  

 

private banking
private banking
private banking
private banking
private banking
private banking
private banking

Privatebanking.com
Get the attention you always wanted and promote your corporate image and standing by benefiting from our state of the art interactive web presence.
    Privatebanking.com
   
  Read more  
 
Ascent Limited
Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.
    Ascent Limited
   
  Read more  
 
 
Home News Library Newsletters Event Calendar Advertise About Contact FAQ
Privacy Policy     Terms of Service
 

©