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  • Casual Articles - The Proposed Income Trust Taxation -- Impact to Canada and Investors Around the World

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    taxed starting from 2011, for new one
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    On October 31, 2006, the Canadian government gave a rather nasty surprise to the market by imposing a new tax on income trusts. Existing trust will be taxed starting from 2011, for new one
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    ernment gave a rather nasty surprise to the market by imposing a new tax on income trusts. Existing trust will be taxed starting from 2011, for new one
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    o the market by imposing a new tax on income trusts. Existing trust will be taxed starting from 2011, for new one
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    income trusts. Existing trust will be taxed starting from 2011, for new one
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    taxed starting from 2011, for new one the effective date is as early as 2007.

    The Toronto stock exchange dropped 2.6% and the S&P/TSX Income Trust Index plunged 12%.

    Wha

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