Good afternoon all,Excuse me if this has been covered within...

Good afternoon all,

Excuse me if this has been covered within other threads.

Since tax time is approaching, I wanted to gain an understanding of how our in-specie shares given to us from AXE actually effect the way we make our tax claim.

I know there was a document from AXE/ITM explaining it but I really need it dumbed down for me.

Was there any tax event from attaining the shares? Is it treated like a dividend?

When it comes time to sell the shares, what is their cost base?

Is the cost base of my AXE shares altered as part of this de-merger and does it change my capital gains come time to sell any AXE shares?


Thanks in advance all,
Nick