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T5008 - US dollar account - AFR


#1

CRA downloads these in US$

However, translating the proceeds at the average, while almost permissible, should not really be done. But translating the ACB at the average is beyond the pale…

As such, while it is good to draw attention to the fact that the slip is in US$, would suggest that there be room for translation at the appropriate exchange rate for these, such as we can also do on S3M.


#2

I was thinking that the other day Bert when I was doing some sales of US shares. Assuming exactly the same exchange rate for both the buy and the sell is quite a stretch.