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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Taikun who wrote (9771)	9/25/2005 10:43:53 AM
From: a.handbag.	Read Replies (2) \| Respond to of 11633

David, you bring up a number of valid points with which I can't argue, except I don't consider Goodale a "rash minister". I see him as a plodder. But in spite of the risks to income trusts, there are no other investments that come close to providing that cash stream so necessary to retirees. Of course I diversify my net worth over all asset classes, and if my trusts went to zero I would hardly be eating dogfood, but like others on this board I try to stay on subject. I am truly sorry about the 15% withholding, but I can't waste time fretting over my taxes. When someone says "taxes are killing me" I know I need have no concerns over his financial well-being.

To: Taikun who wrote (9771)	9/25/2005 12:23:03 PM
From: A Horse With No Name	Read Replies (1) \| Respond to of 11633

taikun natural gas going higher and oil going down is not going to be good for the oil sands. man too much uncertainity in the investment world right now.

To: Taikun who wrote (9771)	9/25/2005 8:11:03 PM
From: Dave	Read Replies (2) \| Respond to of 11633

<<<<Anyway, last year I got a 15% pay reduction when withholding on foreign sheltered accts was introduced. So the daily prices are a measure of whether one gets a gain or loss on liquidation if that is required. Why might liquidation be required? Further taxation on distributions would be one reason.>>>>> Taikun Aren't these taxes deductible from the your US tax? You would get the 15% back as a tax credit.In my case, all foreign taxes on dividends are deducted from the bottom line tax payable. My CPA has been doing this for several years. Dave