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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: fumble who wrote (15353)	12/5/1999 11:06:00 AM
From: Ian@SI	Read Replies (1) \| Respond to of 18016

F., General rules: In an RRSP, there are no capital gains. All money withdrawn from the RRSP is taxed as income. Outside of an RRSP or RRIF or the like, 3/4 of capital gains are taxed at the individuals marginal rate. Canadians are limited to 20% foreign content in their Registered Retirement plans. I'm uncertain what the tax implications would be if NN was acquired but shares of the acquirer continued to trade on the TSE. E.g. PRIA did this and I think its Canadian traded shares (PRY.TSE?? or PRJ.TSE??) are still fully eligible for RRSP inclusion, but haven't checked explicitly. Canadians holding NNC in their RRSP would prefer to keep it as Canadian content. Outside of an RRSP, my preference would be to be able to pick and choose when the capital gain occurs (i.e. - no cash). FWIW. Ian.