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    Canadian Tax Principles
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    Exam 7: Income From Property
  5. Question
    When the Holder of Income Trust Units Receives a Distribution
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When the Holder of Income Trust Units Receives a Distribution

Question 61

Question 61

True/False

When the holder of income trust units receives a distribution that contains a return of capital, the amount of the return of capital must be added to the adjusted cost base of the units.

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