Terms of Service

Last updated: May 2026

1. Overview

ActiveACB provides a tax estimation calculator that processes Interactive Brokers (IBKR) Flex Query XML files and Questrade Activity Report XLSX files to generate Canadian tax filing summaries. This tool is designed to assist active Canadian traders and investors in calculating adjusted cost base, capital gains, superficial losses, and other tax-relevant figures for CRA filing purposes.

2. Disclaimer

IMPORTANT DISCLAIMER

This tool is a tax estimation calculator, not a tax preparation service. The calculations provided are estimates based on the data you upload and the Canadian tax rules implemented in our engine.

This tool does not constitute tax advice. We are not accountants, tax professionals, or financial advisors. The results should be verified by a qualified tax professional before filing.

We are not liable for any errors, omissions, or inaccuracies in the calculations. You are solely responsible for the accuracy of your tax filings.

By using this tool, you acknowledge that:

3. Acceptable Use

You may use this tool only to process your own tax data. You may not upload or process data belonging to another person without their explicit written consent. You may not attempt to circumvent rate limits, overload the service, or reverse-engineer the calculation engine. Violation of these terms may result in immediate termination of access.

4. Data Handling

Uploaded files are written to a temporary directory, processed, and deleted immediately after your calculation is complete. No file contents are retained on ActiveACB servers between sessions. Calculation outputs and summary data are retained in your account history until you delete your account or exceed the 25-calculation storage limit. Your account information is stored to provide history and profile features. You may delete your stored results at any time from your account settings.

5. Intellectual Property

The ActiveACB tax calculation engine, its algorithms, and the structure of its output are the intellectual property of ActiveACB. You may use the output for personal tax filing purposes. You may not reproduce, distribute, or commercialize any part of this service or its output without written permission from ActiveACB.

6. Limitation of Liability

To the maximum extent permitted by applicable law, ActiveACB's total liability to you for any claims arising from your use of this service shall not exceed the total amount you paid for the service in the twelve months preceding the claim. ActiveACB is not liable for indirect, incidental, special, or consequential damages arising from your use of this service.

7. Changes to These Terms

We may update these Terms of Service at any time. We will indicate the date of the most recent revision at the top of this page. Continued use of the service after any changes constitutes your acceptance of the updated terms.

8. Season Access

Access to unlimited calculations requires paid season access at the current listed price. Season access is valid through the stated tax-season deadline and does not automatically renew. No refunds are issued for the remaining portion of an active access period.

9. Eligibility

You must be at least 18 years of age to use this service. By using this tool, you represent that you are of legal age to form a binding contract.

10. Governing Law

These terms are governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to conflict of law principles.

11. Account Termination

We reserve the right to suspend or terminate your account at our sole discretion, with or without notice, for conduct that we believe violates these Terms or is harmful to other users, us, or third parties. Upon termination, your right to use the service ceases immediately. No refunds are issued for the remaining subscription period upon termination for cause.

12. No Warranty

This service is provided "as is" and "as available" without warranties of any kind, either express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or non-infringement.

13. Contact

For questions or concerns regarding these terms, contact us at [email protected].