Citadel Stable S-1 Income Fund
TSX : CSR.UN

Citadel Stable S-1 Income Fund

March 07, 2008 12:43 ET

Citadel Stable S-1 Income Fund 2007 Income Tax Information

CALGARY, ALBERTA--(Marketwire - March 7, 2008) - The following information is intended to assist holders of Units of Citadel Stable S-1 Income Trust (TSX:CSR.UN) (the "Trust") in the preparation of their 2007 Income Tax Return. This summary table below is directed to a Unitholder who, for the purposes of the Income Tax Act (Canada) is a resident of Canada and holds the Units as capital property.



Non- Return Total
Record Eligible Eligible Capital of Distri-
Date Pay Date Income Dividends Dividends Gain Capital bution

31-Jan-07 15-Feb-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
28-Feb-07 15-Mar-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
31-Mar-07 16-Apr-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
30-Apr-07 15-May-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
31-May-07 15-Jun-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
30-Jun-07 16-Jul-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
31-Jul-07 15-Aug-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
31-Aug-07 14-Sep-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
30-Sep-07 15-Oct-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
31-Oct-07 15-Nov-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
30-Nov-07 14-Dec-07 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
31-Dec-07 15-Jan-08 $0.02874 $0.00249 $0.00030 $0.02669 $0.00008 $0.05830
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$0.34488 $0.02988 $0.00360 $0.32028 $0.00096 $0.69960
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Each Unitholder will receive a T3 supplementary slip for 2007 that will indicate the amount of "Other Income" - Box 26 ,"Eligible Dividends" - Box 49, "Non-Eligible Dividends" - Box 23 and "Capital Gains" - Box 21 that are to be included in their tax return. The dividends will be subject to the gross-up and federal dividend tax credit rules. The T3 supplementary slips are prepared by Computershare Trust Company of Canada and/or investment dealers.

The "Return of Capital" (Box 42) is a non-taxable amount and will reduce the Adjusted Cost Base of the Unitholder's Units.

If the Units were held within a RRSP, DPSP, or RRIF, then no T3 slip will be received and no amount would be required to be reported on the Unitholder's personal tax return.

Contact Information

  • Citadel Stable S-1 Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Website: www.citadelfunds.com