Products

Capital Changes offers a suite of products that provide corporate actions tax analysis, corporate actions historical data, cost basis information as well as ex-date and corporate actions dividends information.  With this information, we help clients meet their cost basis and tax analysis needs. Our editors analyze corporate actions of publicly traded securities from every angle and provide in-depth insight on the impact of the terms of the security as well as the tax consequences of the action.  The Capital Changes' database includes more than 100 years of historical data relating to corporate actions, fueling subscribers' cost basis calculations.

Together, our analysis and data provide subscribers with the numbers necessary for their cost basis calculations and information enabling them to understand why the cost basis is changing.

Value-Added Features to Help You Better Understand Complex Corporate Actions
A subscription to Capital Changes includes several value-added features that help ensure subscribers get the correct answers to their most challenging questions.

Basis Factor™
Capital Changes verifies basis calculations provided by companies and utilizes these figures whenever possible. However, as an added benefit, our editors will provide their own calculations:

• On a preliminary basis to allow for immediate processing
• In cases in which a company does not provide numbers at all 
• If the numbers provided by the firm are questionable

The Basis Factor makes it easy to determine the most advantaged holdings for sale, gifting, and/or Schedule D completion.

Commentary™
In cases in which no tax opinion is provided by the company, or if the opinion provided is ambiguous or incomplete, we will publish Commentary to offer guidance for booking and tax treatment.  Moreover, we assist subscribers in understanding the key rationale and structure of the transaction, saving them time and money.

Tax Comments™
Comments are included when a company's tax opinion omits a basic, well-settled principle of tax law that our subscribers need to remember when booking a transaction or calculating their gain or loss. Summaries and analysis of federal tax opinions are provided based on a review and analysis of information provided by the company or its representatives. In addition, this special feature may also highlight and explain portions of a company's tax opinion that need to be emphasized. Capital Changes utilizes the principles and guidelines prepared by the U.S. Internal Revenue Code so you know you can rely on the basis of our analysis.

The Capital Changes Advantage:

• Receive daily updates on corporate actions
• Have access to 100 years of data on U.S. corporate actions
• Understand tax implications of corporate actions
• Gain insight into complicated tax issues
• Quickly and accurately calculate or adjust cost basis
• Talk to our legal and tax experts for any necessary clarification