The information contained herein is based on the Trust's understanding of the Income Tax Act (Canada) and is provided for general information only. Unitholders are advised to consult their personal tax advisors with respect to their particular circumstances.
2006 Distributions
- March 7, 2007 Press Release:
Crescent Point Announces 2006 Canadian Income Tax Information
Distributions declared by Crescent Point to unitholders in the 2006 taxation year are 100% taxable for Canadian income tax purposes.
| Record Date | Payment Date | Taxable Amount (Box 26 Other Income) |
Tax Deferred Amount (Box 42 Return of Capital) |
Total Cash Distribution |
|---|---|---|---|---|
| Jan 31, 2006 | Feb 15, 2006 | $0.20 | - | $0.20 |
| Feb 28, 2006 | Mar 15, 2006 | $0.20 | - | $0.20 |
| Mar 31, 2006 | Apr 17, 2006 | $0.20 | - | $0.20 |
| Apr 30, 2006 | May 15, 2006 | $0.20 | - | $0.20 |
| May 31, 2006 | Jun 15, 2006 | $0.20 | - | $0.20 |
| Jun 30, 2006 | Jul 17, 2006 | $0.20 | - | $0.20 |
| Jul 31, 2006 | Aug 15, 2006 | $0.20 | - | $0.20 |
| Aug 31, 2006 | Sep 15, 2006 | $0.20 | - | $0.20 |
| Sep 30, 2006 | Oct 16, 2006 | $0.20 | - | $0.20 |
| Oct 31, 2006 | Nov 15, 2006 | $0.20 | - | $0.20 |
| Nov 30, 2006 | Dec 15, 2006 | $0.20 | - | $0.20 |
| Dec 31, 2006 | Jan 15, 2007 | $0.20 | - | $0.20 |
| TOTAL PER UNIT | $2.40 | - | $2.40 | |
Units held within an RRSP, RRIF, or DPSP
No amount should be reported on the 2006 individual Income Tax Return ("T1") in respect of trust units held in a Registered Retirement Savings Plan (RRSP), Registered Retirement Income Fund (RRIF), or Deferred Profit Sharing Plan (DPSP).
Units held outside an RRSP, RRIF, or DPSP
Registered unitholders who held trust units outside an RRSP, RRIF, or DPSP will receive a T3 Supplementary Slip for 2006 ("T3") from our transfer agent, Olympia Trust Company, on or before March 31, 2007. Individual unitholders must report the taxable portion of such distributions in their 2006 T1.
Unitholders who held units through intermediaries such as investment advisers will be issued T3s from those intermediaries on or before March 31, 2007.
Adjusted Cost Base Reduction
The Adjusted Cost Base ("ACB") is used in calculating capital gains or losses on the disposition of trust units held as capital property by a unitholder. The ACB of each trust unit is reduced by the portion of distributions considered a return of capital.
