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Penn West Petroleum Ltd. Message Board

  • duckislandcove duckislandcove Jan 24, 2008 7:59 PM Flag

    Tax Pools

    Can someone explain the benefits of "tax pools"...I purchased Canetic which claims they had tax pools to help offset the upcoming Canadian tax in 2011....Does PWE have their own tax pools that add to Canetic's?...I am holding this trust in an early retirement portfolio that I have and was intending on holding after that tax goes in effect in 2011...any help appreciated....thanks

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    • Yes, PWE has a tax pool to take them several years beyond 2011.

      If you have the time/energy, go back about a week and find a thread on this subject, starting with a message posted by me involving an email exchange with PWE's Investor Relations point guy Greg.

 
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