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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: DaveAu who wrote (73336)11/1/2006 9:07:04 AM
From: jaysone  Respond to of 110194
 
Looks like the tax will be on the investor, not the trust.

Mr. Flaherty said he plans to tax payouts received by investors from income trusts, but will give a four-year exemption to existing trusts such as Yellow Pages Income Fund and Canadian Oil Sands Trust.

article here: canada.com



To: DaveAu who wrote (73336)11/1/2006 9:55:02 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 110194
 
thanks. looks like COS got hit about 10%. my guess is this is political suicide and it will be toned down over time. but we shall see.


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