For those of you who would like to take advantage of our Luck O' the Irish SALE but prefer not to make payments online, you are welcome to send us a check or money order in the amount of $114.12 for a 3-year AD-FREE Premium Service Bundle or $190.20 for a 5-year Bundle. Make checks or money orders payable in US funds to "Investor Village" and send to: Investor Village, P.O. Box 2958, Marrero, LA 70073.
As many of you know, we operate on the honor system around here. So, in closing out our Luck O' the Irish SALE, we wanted to advise those of you who plan to pay by check or money order that you can send a PM to Admin informing us of your intention. We will then upgrade your account for 7 days, allowing you to enjoy our ad-free premium service now and giving you a reasonable amount of time to get your payment in.
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Because BEP.UN is a partnership, it is ineligible for inclusion in most US indexes and thus cannot be included in certain mutual funds in the US. Also, BEPC pays a dividend, the full amount of which is grossed up by 38% for Canadian tax purposes but you get the DTC. BEP.UN is a distribution of income which is about 45% ROC, 53% Eligible Dividend, 5% Foreign Income and a -3% Carrying Charges. The Carrying Charges can be claimed as an expense. While the 53% gets grossed up by 38% and you get a 15% DTC the ROC is not immediately taxable but reduces the ACB of the units and effectively defers any capital gain until you sell this investment. The dividend and the distribution amount is exactly the same for both investments and is paid in US$. On a cash flow basis, you get a bit more cash in your pocket from the BEP.UN annualy after tax but may lose out on the capital appreciation side.