Oil Sands and Related Stocks Message Board

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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: wherry who wrote (13390)	11/3/2006 7:33:06 AM
From: Fun-da-Mental#1	Read Replies (1) of 25575

Tony, Income trust distributions will be equivalent to dividends; so are you saying there is presently a hidden tax on dividends paid by the company issuing them? Because as far as I can tell I am not paying any tax on dividends right now. The dividend amount declared by the company is exactly what gets deposited in my tax-exempt account, and I don't need to pay any tax on it (until I eventually withdraw it, at which time I pay ordinary income tax). -Geoff

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