Income & Equity Index Participation Fund
TSX : IEP.UN

Income & Equity Index Participation Fund

March 14, 2007 20:16 ET

Income & Equity Index Participation Fund 2006 Income Tax Information

CALGARY, ALBERTA--(CCNMatthews - March 14, 2007) - The following information is intended to assist holders of Units of Income & Equity Index Participation Fund (TSX:IEP.UN) (the "Trust") in the preparation of their 2006 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.



Eligible Non-Eligible
Record Date Pay Date Income Dividends Dividends

31-Jan-06 15-Feb-06 $ 0.0310 $ 0.0029 $ 0.0008
28-Feb-06 15-Mar-06 $ 0.0310 $ 0.0029 $ 0.0008
31-Mar-06 17-Apr-06 $ 0.0310 $ 0.0029 $ 0.0008
30-Apr-06 15-May-06 $ 0.0310 $ 0.0029 $ 0.0008
31-May-06 15-Jun-06 $ 0.0333 $ 0.0031 $ 0.0008
30-Jun-06 14-Jul-06 $ 0.0333 $ 0.0031 $ 0.0008
31-Jul-06 15-Aug-06 $ 0.0333 $ 0.0031 $ 0.0008
31-Aug-06 15-Sep-06 $ 0.0333 $ 0.0031 $ 0.0008
30-Sep-06 16-Oct-06 $ 0.0333 $ 0.0031 $ 0.0008
31-Oct-06 15-Nov-06 $ 0.0333 $ 0.0031 $ 0.0008
30-Nov-06 15-Dec-06 $ 0.0333 $ 0.0031 $ 0.0008
31-Dec-06 15-Jan-07 $ 0.0333 $ 0.0031 $ 0.0008
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$ 0.3904 $ 0.0364 $ 0.0096
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Capital Return of Total
Record Date Pay Date Gain Capital Distribution

31-Jan-06 15-Feb-06 $ 0.0142 $ 0.0211 $ 0.0700
28-Feb-06 15-Mar-06 $ 0.0142 $ 0.0211 $ 0.0700
31-Mar-06 17-Apr-06 $ 0.0142 $ 0.0211 $ 0.0700
30-Apr-06 15-May-06 $ 0.0142 $ 0.0211 $ 0.0700
31-May-06 15-Jun-06 $ 0.0152 $ 0.0226 $ 0.0750
30-Jun-06 14-Jul-06 $ 0.0152 $ 0.0226 $ 0.0750
31-Jul-06 15-Aug-06 $ 0.0152 $ 0.0226 $ 0.0750
31-Aug-06 15-Sep-06 $ 0.0152 $ 0.0226 $ 0.0750
30-Sep-06 16-Oct-06 $ 0.0152 $ 0.0226 $ 0.0750
31-Oct-06 15-Nov-06 $ 0.0152 $ 0.0226 $ 0.0750
30-Nov-06 15-Dec-06 $ 0.0152 $ 0.0226 $ 0.0750
31-Dec-06 15-Jan-07 $ 0.0152 $ 0.0226 $ 0.0750
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$ 0.1784 $ 0.2652 $ 0.8800
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Each Unitholder will receive a T3 supplementary slip for 2006 that will indicate the amount of "Other Income" - Box 26 ,"Eligible Dividends" - Box 49, "Non-Eligible Dividends" - Box 23, "Capital Gains" - Box 21 and "Return of Capital" - Box 42 that are to be included in their tax return. The dividends will be subject to the standard gross-up and federal dividend tax credit rules. The T3 supplementary slips are prepared by Computershare Trust Company of Canada and/or investment dealers. Unitholders are advised to contact their investment dealer directly if they do not receive their T3 supplementary slip.

The return of capital to the Unitholder 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

  • Income & Equity Index Participation Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Website: www.citadelfunds.com