2002 Tax
Information
The
following information is intended to assist unitholders of Chemtrade
Logistics Income Fund in the preparation of their 2002 Income Tax
Return. All unitholders will receive a T3 Supplementary tax slip
prior to March 31, 2003.
The
following table summarizes the per unit cash distributions of the
Fund for 2002 and the treatment of the distributions for Income
Tax purposes.
| |
Other
Income |
Dividends |
Return
of Capital |
Total |
| 2002 |
$0.79866 |
50.228% |
$0.62219 |
39.133% |
$0.16915 |
10.639% |
$1.59 |
For
individuals who held units for only part of the year the allocation
of distributions received can be determined by multiplying the
distributions received by the percentages above.
Where
units are held in a tax sheltered plan (e.g., RRSP, RRIF or RESP),
there is no income to be reported.
Adjusted
Cost Base (ACB)
Unitholders are required to reduce the Adjusted Cost Base of
their units by any distributions received in the form of a Return
of Capital. The ACB is used
in calculating capital gains or losses on the disposition of the units.
|
