OTCPK:ICPVF - Post by User
Comment by
Quintessential1on Jul 16, 2021 9:28am
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Post# 33558498
RE:RE:Pembina's new offer.
RE:RE:Pembina's new offer.Accounting nightmare? it is capital gains on 68% if you don't take the all cash option. That is 34% that you pay tax on if you don't hold your shares in a registered account.
If you have your shares in a TFSA you pay nothing and if in an RRSP your taxes are deferred as usual.
stocktalk wrote: Another note is BIPC tax structure is complex and an accounting nightmare.