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:
|Marginal tax rate||(%)||49.80||48.00||47.50||50.40||53.53||53.31||53.30||51.30||54.00||51.37|
|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.