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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Suma who wrote (25830)1/29/2007 10:28:34 AM
From: Rainy_Day_Woman  Read Replies (1) | Respond to of 78740
 
Nov.1, 2006 - the Canadian Finance Ministry surprised the market with news that it was planning to tax dividends on income trusts - effectively eliminating the chief advantage of the trust structure as a flow-through entity.

with yields now north of 15%

Under the Flaherty proposal, existing trusts would be given an exemption from paying any modified tax until 2011.