SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: RJA_ who wrote (11065)11/4/2006 7:53:54 PM
From: Elroy Jetson  Respond to of 218703
 
The Canadian government may allow an exemption or special credit to the increased tax on some trusts for Canadian retirees, while increasing the tax on foreign devil investors and non-retirees.
.



To: RJA_ who wrote (11065)11/6/2006 12:35:13 AM
From: Cogito Ergo Sum  Respond to of 218703
 
RJA,
You may want to check here for some more thoughts
Subject 55547

but some more cogent thinking I believe is here. This chap has few good posts on the topic as we all try to feel our way through..

Message 22979198



To: RJA_ who wrote (11065)11/8/2006 1:00:08 PM
From: Madharry  Respond to of 218703
 
My sense of it is that before all is said and done the bill will end up being something like-no new trusts and an 8 year phase in.
if not my guess is that the larger ones will convert back and or do lbos, as ceos will alway seek the most advantageious structure. I plan on contacting the ones i own and suggest that they double the distributions even if they have to do asset sales to do so, as their first duty is to maximize the benefit to existing shareholders. As one of the sands ceos commented they need foreign investment to develop the sands and us investors are not going to rush in here if the can govt is going to change the rules anytime they feel like it.