Richards Packaging Income Fund T.RPI.UN

Alternate Symbol(s): RPKIF

Consumer Cyclical Packaging & Containers

Richards Packaging Income Fund (the Fund) is a Canada-based company. The Fund owns Richards Packaging Inc. (Richards Packaging), which serves a range of customer bases throughout North America comprised of approximately 17,000 regional food, beverage, cosmetics, healthcare, and other enterprises. Richards Packaging specializes in the design, manufacture, and distribution of packaging solutions in both glass and plastic containers and closures for a variety of markets. The Company's services consist of global sourcing, inventory management, manufacturing, and packaging 101. The Company also operates other divisions, which includes Clarion Medical Technologies, Dispill, Dosipill International, and Healthmark. Under RICHARDS Pharma Solutions, it offers personal protective equipment (PPE)/specialty, laboratory, and automation solutions as well as products, such as vials, bottles, and ointment and lotion.

TSX:RPI.UN - Post by User

Richards Packaging Income Fund

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Post by Armcorpon Feb 06, 2019 4:50pm

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Post# 29328697

2018 T3

Apparently, according to the CFO and the T3, the frist 5 and a bit distributions in 2018 are not taxable in our hands. They are shown as Box X in the T3. I have never seen that before, and I hope it happens again. Imagine that - free money! No return of capital or dividend income to be taxed! I do wonder why it is that way, and I hope there are no shenanigans. I expect it is money that Richards had to pay tax on, so we don't, or it is double taxation. Just a guess.

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