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What does ACB stand for?

ACB stands for Adjusted Cost Base

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of ACB

Other Resources:
We have 201 other meanings of ACB in our Acronym Attic

Samples in periodicals archive:

Adjusted Cost Base The draft legislation amends subsection 53(2) to make adjustments to the adjusted cost base (ACB) of a partner's interest in a partnership with respect to QTI that includes "eligible alignment income.
Nature of Property--Capital Property In general, if a farmer transfers capital property in an arm's length transaction, the proceeds of the sale will equal the adjusted cost base of the property minus costs to sell the property, similar to non-farmers (Adjusted cost base can roughly be defined as the original cost to the farmer, plus gains in value as defined by the Income Tax Act and minus any losses or costs defined by the Income Tax Act.
NET UNREALIZED BUILT-IN GAIN Congress defined net unrealized built-in gain for purposes of the limitation on the built-in gain tax as the fair market value of S corporations' assets at the time of conversion to S status minus their aggregate adjusted cost bases.