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To: BI*RI who wrote (3038)12/15/1999 10:45:00 PM
From: Chris Stovin  Read Replies (1) | Respond to of 24042
 
Does anyone know what time the shareholders meeting starts tomorrow at the Chateau Laurier Hotel in Ottawa.



To: BI*RI who wrote (3038)12/16/1999 12:18:00 PM
From: Brian Sullivan  Respond to of 24042
 
I believe that if your previous year's income exceeds 150,000 dollars then you have to pay at least 108% of the taxes paid the previous year to avoid an underpayment penalty.

In any case if your income is 150,000 or more please review the tax law with your accountant, the tax laws for high earners are >>NOT<< the same as those earning less than 150,000.

Also if you life in California, consider moving out of state before taking any large capital gains. The capital gains tax rate in California is an obscene 9.2%. (i.e. it is treated as ordinary income and you get no break)