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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. The following table shows the 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 (%)   47.70 48.00 48.00 50.40 53.50 53.30 46.84 48.64 54.00 47.37 
Investment   ($)   1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 
Tax savings   ($)   597 599 599 614 624 695 609 627 626 614 
Money at risk   ($)   403 401 401 386 376 305 391 373 374 386 

 

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