RE:RE:RE:2020 distribution characterized as....70% immediately for "other", 0.5% immediately for capital gains, and 11% future capital-gain liability, so 81.5% in total at marginal rate. The liability is unavoidable, but in a lower-income future there may be opportunity to realize it at a lower marginal rate.
The effective tax rate on the 7% dividends takes too long to write out .. so I didn't :).
But the upthrust of it all, for me anyway, is that AD.UN now seems to belong in a TFSA. The after-tax yield is not as good it was for AD. I won't be the only one who notices this, so some selling-off won't surprise me.
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CanSiamCyp wrote: Actually 70% is taxed at the marginal rate, the minor CG component at half the marginal rate, and the 7% DIV is eligible dividend so there is a dividend tax credit. The 22% RoC is used to reduce the ACB of the holding.
TickerTwit wrote: Much appreciated. If unsheltered, the allocation below implies that 81.5% of the payout is now taxed at the unitholder's marginal tax rate.
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CanSiamCyp wrote: .... 22% RoC, 1% CG, 7% DIV, 70% OTH. Cheers!