Taxation in Canada

Fraser Institute Media Advisory: New study on municipal taxes in Canada’s largest cities coming Thursday, Oct. 17

Retrieved on: 
Wednesday, October 16, 2019
Canadian law, Government in Canada, Taxation in Canada, GlobeNewswire, Property tax, Edmonton, Tax, Toronto, Montreal, Geography of Canada, Canada, Units of time

TORONTO, Oct. 16, 2019 (GLOBE NEWSWIRE) -- On Thursday, Oct. 17, the Fraser Institute will release a new study on municipal tax rates.

Key Points: 
  • TORONTO, Oct. 16, 2019 (GLOBE NEWSWIRE) -- On Thursday, Oct. 17, the Fraser Institute will release a new study on municipal tax rates.
  • Who Bears the Burden of Property Taxes in Canadas Largest Metropolitan Areas?
  • compares residential property tax rates with business and industry rates in Toronto, Montreal, Calgary, Edmonton and Vancouver.
  • A news release with additional information will be issued via GlobeNewswire on Thursday, Oct. 17 at 5:00 a.m. Eastern.

First Trust Dynamic Europe Equity Income Fund Issues Notice Regarding October 2019 Distribution

Retrieved on: 
Tuesday, October 15, 2019
Banking, Professional services, Finance, Economy, Finance, Money, Financial ratios, Investment, Financial markets, Mathematical finance, Rate of return, Return of capital, Taxation in Canada, Hedge fund

(2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.

Key Points: 
  • (2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

First Trust Energy Infrastructure Fund Issues Notice Regarding October 2019 Distribution

Retrieved on: 
Tuesday, October 15, 2019
Professional services, Finance, Economy, Finance, Money, Financial ratios, Investment, Financial markets, Mathematical finance, Rate of return, Return of capital, Taxation in Canada, Hedge fund

(2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.

Key Points: 
  • (2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Franklin Limited Duration Income Trust Announces Sources of Monthly Dividend Distribution

Retrieved on: 
Monday, October 14, 2019
Economy, Finance, Money, Financial ratios, Investment, Taxation in Canada, Dividend, Shareholders, Return of capital, Rate of return, Income trust

SAN MATEO, Calif., Oct. 14, 2019 (GLOBE NEWSWIRE) -- The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0852 per common share payable October 15, 2019, to shareholders of record as of September 30, 2019.

Key Points: 
  • SAN MATEO, Calif., Oct. 14, 2019 (GLOBE NEWSWIRE) -- The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0852 per common share payable October 15, 2019, to shareholders of record as of September 30, 2019.
  • It is currently estimated that $0.0435 per share represents net investment income and $0.0417 per share represents return of principal.
  • The distribution will be calculated as 10 percent of the previous months average NAV, divided by 12.
  • Under the managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level.

Certain DWS Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Monday, October 7, 2019
Banking, Professional services, Finance, Economy, Money, Finance, Income tax in the United States, Income tax, Taxation in Canada, Leverage, Tax, Alternative minimum tax, Legal entities, Individual Retirement Accounts, Income trust

Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and/or increase volatility.

Key Points: 
  • Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and/or increase volatility.
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Closed-end funds, unlike open-end funds, are not continuously offered.

Premium Income Corporation announces Quarterly Distribution

Retrieved on: 
Wednesday, October 2, 2019
Economy, Dividend, Shareholders, Money, Finance, Taxation in Canada, Investment, Dividend tax, Capital gains tax

To the extent that any portion of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends.

Key Points: 
  • To the extent that any portion of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends.
  • For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at [email protected] or visit www.strathbridge.com
    Commissions, trailing commissions, management fees and expenses all may be associated with investment funds.
  • Please read the prospectus before investing.
  • Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

S Split Corp. Declares Monthly Distributions

Retrieved on: 
Wednesday, October 2, 2019
Shareholders, Economy, Dividends, Taxation in Australia, Finance, Money, Taxation in Canada, Taxation in New Zealand

TORONTO, Oct. 02, 2019 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared a monthly distribution, payable on October 31, 2019 to shareholders of record on October 15, 2019.

Key Points: 
  • TORONTO, Oct. 02, 2019 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared a monthly distribution, payable on October 31, 2019 to shareholders of record on October 15, 2019.
  • To the extent that any portions of the distributions are ordinary taxable dividends and not capital gain dividends, they are eligible dividends.
  • For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at [email protected] or visit www.strathbridge.com .

U.S. Global Investors Announces Monthly Dividend Distribution to Investors in Its Near-Term Tax Free Fund (NEARX)

Retrieved on: 
Wednesday, October 2, 2019
Economy, Finance, Money, Dividend, Shareholders, Bond, Municipal bond, Taxation in Canada, Investment, Tax, Institutional investors, Capital gains tax

Global Investors announces the monthly cash dividend payment to investors in its Near-Term Tax Free Fund (NEARX).

Key Points: 
  • Global Investors announces the monthly cash dividend payment to investors in its Near-Term Tax Free Fund (NEARX).
  • Thats because the fund invests in municipal bonds, which are tax exempt.
  • Global Investors goes back more than 50 years when it began as an investment club.
  • The Near-Term Tax Free Fund may invest up to 20% of its assets in securities that pay taxable interest.

Angel Oak Financial Strategies Income Term Trust Declares October 2019 Distribution

Retrieved on: 
Tuesday, October 1, 2019
Finance, Consulting, Banking, Professional services, Finance, Money, Economy, Investment, Funds, Exchange-traded funds, Taxation in Canada, Institutional investors, State Street Global Advisors, Index fund

Angel Oak Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1178 per share for the month of October 2019.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1178 per share for the month of October 2019.
  • The record date for the distribution is October 17, 2019, and the payable date is October 31, 2019.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • 2019 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy for the Months of October and November 2019

Retrieved on: 
Wednesday, September 18, 2019
Banking, Professional services, Finance, Legg Mason, Companies, Economy of the United States, Finance, Taxation in Canada, Taxation in the United States

The updated estimated components of the distributions announced today will be provided to shareholders of record in a separate notice when the distributions are paid.

Key Points: 
  • The updated estimated components of the distributions announced today will be provided to shareholders of record in a separate notice when the distributions are paid.
  • This press release is not for tax reporting purposes but is being provided to announce the amount of each Funds distributions that have been declared by the Board of Trustees.
  • For more information about the Funds, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com .
  • Legg Mason and its affiliates do not engage in selling shares of the Funds.