2003 Tax
Information
The following information is intended to assist
unitholders of Chemtrade Logistics Income Fund in the preparation
of their 2003 Income Tax Return. All unitholders should receive
a T3 Supplementary tax slip prior to March 31, 2004.
The following
table summarizes the per unit cash distributions of the Fund
for 2003 and the treatment of the distributions for
Income Tax purposes.
| |
Other
Income |
Dividends |
Return
of Capital |
Total |
| 2003 |
$0.90136 |
51.214% |
$0.70564 |
40.093% |
$0.15300 |
8.693% |
$1.76 |
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.
|
