HomeContactsSite Maplegal.html

Canadian Tax Consequences for Unitholders of Proposed Privatization

Click here for an example of the Canadian Tax Consequences for Unitholders of going private transaction

Non-resident withholding tax refund procedure

Taxation of CCS Trust Distributions

The information provided below is solely to assist individual unitholders with tax reporting information in respect of distributions paid during the calendar years 2006, 2005 and 2004 and is not intended to be, nor should be construed to be, legal or tax advice to any unitholder or potential holder of CCS Income Trust Units. Consequently, unitholders and potential unitholders should consult with a taxation or investment professional for individual tax advice with respect to their particular circumstances.

Distributions Paid During 2007

Canadian resident information

Distributions Paid During 2006
Canadian resident information

US resident information

Distributions Paid During 2005 and 2004

CCS Income Trust confirms the following Trust Income Allocations during 2005 and 2004

Nature of Amounts Distributed Distributions Per Unit (2005) Distributions Per Unit (2004)
 $%$%
Other Income $1.083 85.28 $0.955 91.39
Dividend Income 0.187 14.72 0.030 2.87
Subtotal - Taxable 1.27 100.00 0.985 94.26
Return of Capital (non-taxable) - - 0.06 5.74
Total Distributions $1.27 100.00 $1.045 100.00

Statements of Trust Income
Statement of Trust Income Allocations and Designations 2004

Statement of Trust Income Allocations and Designations 2005

Please refer to the T3 Summaries below for further details regarding CCS Income Trust distributions for 2005 and 2004. Unitholders will receive a T3 slip for CCS Income Trust's distributions during the year.

Certain statements made throughout this web site are not historical in nature and are forward-looking statements. Forward-looking statements are not guarantees as to the Trust's future results since there are inherent difficulties in predicting future results. When used throughout this web site, the words "anticipate", "expect", "project", "believe", "estimate", "forecast", and similar expressions are intended to identify forward-looking statements, which include statements relating to pending and proposed projects and business activities. Such statements are subject to certain risks, uncertainties and assumptions pertaining to operating performance, regulatory parameters, weather and economic conditions and, in the case of pending and proposed projects, risks relating to design and construction, regulatory processes, obtaining financing and performance of other parties, including partners, contractors and suppliers. Accordingly, actual results could differ materially from those expressed or implied in forward-looking statements.