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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks

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To: Cal Gary who wrote (545)	4/5/2011 2:23:56 PM
From: Madharry	of 548

i have a question which may have been covered before- if so i apologize. but i own a unit trust in canada which they say is taxed as mutual fund. so the unit trust pays no taxes when they sell stock for a gain , i guess the gain is part of the distribution to shareholders, and i guess that is only for realized gains. however the fund now has a significant amount of gains. and i would like to know if as a us shareholder that is just taxed at 15% or is it taxed at some other amount? also if i own it in an ira how can I reclaim that money?

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