European Residential REIT T.ERE.UN

RE:Due bill trading and tax

[Ogopogo26]

Called RBC and they told me that anyone buying now during the due bill trading period and receiving the dividend would also pay tax on it. 

So buyers beware, you get almost 40% of your investment back in a week and about 25-30% of that would not be a capital return! Depending what tax bracket you fall under, tax implications are not immaterial!