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Enerplus Corporation Message Board

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  • sl_hub sl_hub Aug 6, 2009 2:28 PM Flag

    Tax implications for IRA???

    WTF kind of response is that...??

    don't hold CanRoys in an IRA if you are a US citizen imho...there is a 15% withholding from the Can Govt as well as currency exchange issues...if you hold this in an IRA you can not get a tax deduction from the IRS for that calendar year...on top of that why jump into CanRoys now with the uncertainty going forward regarding the 2011 tax issues/corp changeovers that's hanging over their heads, and ours...wait until the dust settles imho...better alternatives to invest in at this time...

    disclosure;
    currently hold positions in hte and erf

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