Ads keep this website free for you. does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Anniversary Day
Canadian Tax and
Financial Information

If you use an ad blocker, please consider a small contribution to help keep free for everyone.

Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with!
What's New
Personal Tax
Sales Taxes
Financial Freedom
Financial Planning
Real Estate
British Columbia
Atlantic Provinces
Federal Budget
Prov/Terr Budgets
Statistics etc.
Site Map
Advertise With Us
Contact Us/About Us
Links & Resources
Glossary  -> Anniversary day
Income Tax Act s. 12(11)

Anniversary Day

The anniversary day of an investment contract, such as a bond, debenture, or other debt obligation means

  1. the day that is one year less a day after the date of issue of the contract (the date the contract was initially issued),
  2. the day that occurs at every successive one year interval from the day determined under (a) above, and
  3. the day on which the contract was disposed of

For instance, if a bond is issued on June 1, 2009:

bulletthe first anniversary day would be May 31, 2010
bulletMay 31st would be the anniversary day in each year up to maturity

If a taxpayer purchases the above bond on October 6, 2009 and sells it on August 9, 2010:

bulletthe first anniversary day would be May 31, 2010
bulletthe next anniversary day would be August 9, 2010

Revised: May 20, 2021


Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved.  See Reproduction of information from

Facebook  | Twitter  |  See What’s New, stay connected with by RSS or Email
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.