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Prudent Capitalist

06/27/13 11:13 AM

#280 RE: Stream205 #279

Agree. I took a position at 1.4498 this am.
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Prudent Capitalist

07/08/13 2:16 PM

#288 RE: Stream205 #279

To clarify my recent post on taking a position, I sold last week and took the quick .06/share gain, and treated that as my dividend. Shortly after I took the position TD Ameritrade sent me messages to notify me of the new Canadian tax rules which went into effect on January 1, 2013, and indicated I would have to file certain forms signed by all holders on the account to address certain tax treaty issues and withholding requirements, in order to avoid the mandatory 25% withholding on all dividends, etc. I still believe this is a solid investment, but did not want to deal with the hassle of the paperwork, and the filing of a Canadian tax return, etc. Even if all the paperwork was filed they were still indicating they would withhold 10+% of all dividends.