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Attractive Tax Deduction

 

Unitholders of Northern Precious Metals Limited Partnership may deduct the amount they have invested from their taxable income which results in tax savings. The resulting tax savings are calculated by multiplying the tax deductions by the highest marginal tax rate. In addition, unitholders may claim a federal tax credit equal to15% of all CEE incurred. Furthermore, certain provinces are providing some additional incentives The following table shows the approximate total savings, under a maximum offering, depending on the Province where a unitholder resides:

 

    B.C. Alta. Sask. Man. Ont Que. N.B. Nfld. N.S. P.E.I. 
 Marginal tax rate (%)   49.80 48.00 47.50 50.40 53.53 53.31 53.30 51.30 54.00 51.37 
Investment   ($)   1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 
Tax savings   ($)   537 518 512 543 576 695 574 553 582 553 
Money at risk   ($)   463 482 488 457 424 305 426 447 418 447

 

These numbers are subject to change. Investors are urged to refer to the prospectus for most recent data.

Excludes any provincial tax benefit, if any.