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Enterprising Investor

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Re: bar1080 post# 278

Monday, 08/27/2018 10:45:22 AM

Monday, August 27, 2018 10:45:22 AM

Post# of 1569
It is a trust. Tax laws were different in 1888.

The trust pays the income taxes, which makes dividends received by certificate holders are subject to double taxation.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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