Posted AT 10:41 AM EST on 27/08/08
Taxman may be least concern for energy trust investors
Investors who own oil and gas royalty trusts have a lot more to worry about in the next couple of years than the taxman. The bigger threat might inadvertently come from the people who run their trusts.
The new tax rules, which take effect in 2011, will force trust managers to make big decisions to mitigate the loss of income. Some will be tempted to grow their way back to where they are now.
The full text of this article has 831 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
