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To: racas who wrote (13444)11/3/2006 11:07:49 AM
From: Cogito Ergo Sum  Respond to of 25575
 
Thanks ralph,

The tax will be payable when selling the trust as a capital gain. So nothing changes in that regard when held in a non taxable account... So the strategy may still be higher ROC trusts be more desirable since the ROC portion of distribution can be deferred to capital gains... when held in a taxable account and in RRSPs the real issue is simply less distribution... and its obvious ramification on unit value.

Al


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