TSX:CHE.DB.E - Post by User
Comment by
bttmfischeron Nov 15, 2023 5:00pm
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Post# 35737883
RE:RE:RE:RE:Overcautious management and a Board not doing their job
RE:RE:RE:RE:Overcautious management and a Board not doing their jobThe way I see it the trust funds, like CHE, and REITs have a couple of negatives in Canada 1. There is no dividend tax credit on the cash distribution; 2. Any return of captal will actually reduce the ACB of the unit holder, making a phantom capital gain on the unit. 3. In some cases when the fund has a capital gain, it is taxed in the hands of the unit holder.
Any CPAs here have other points?