PowerPoint Presentation · 2018. 9. 5. · Offering Size: $20,000,000 Tax Advantages per $10,000...
Transcript of PowerPoint Presentation · 2018. 9. 5. · Offering Size: $20,000,000 Tax Advantages per $10,000...
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CEE Other
Deductions
Total
Deductions
Investment tax credit (100% eligible for 15% Federal credit) 1,369$
2018 9,128$ 71$ 9,199$
2019 and beyond -$ 836$ 836$
ITC income inclusion 2019 (1,369)$ (1,369)$
Net tax deductions (income) 9,128$ (463)$ 8,665$
AB BC MB NB NS NL NWT ON PEI QC SK
Highest Marginal Tax Rate
2018 48.00% 49.80% 50.40% 53.30% 54.00% 51.30% 47.05% 53.53% 51.37% 53.31% 47.50%
2019 and beyond 48.00% 49.80% 50.40% 53.30% 54.00% 51.30% 47.05% 53.53% 51.37% 53.31% 47.25%
Investment 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$
Less:
Tax Savings from Net Deductions - Federal (4,159)$ (4,315)$ (4,367)$ (4,619)$ (4,679)$ (4,445)$ (4,077)$ (4,638)$ (4,451)$ (4,971)$ (4,117)$
ITC (1,369)$ (1,369)$ (1,369)$ (1,369)$ (1,369)$ (1,369)$ (1,369)$ (1,369)$ (1,369)$ (1,369)$ (1,369)$
Add:
Tax on Capital Gain 8$ 8$ 9$ 9$ 9$ 9$ 8$ 9$ 9$ 9$ 8$
Money at Risk 4,480$ 4,324$ 4,273$ 4,021$ 3,961$ 4,195$ 4,562$ 4,002$ 4,189$ 3,669$ 4,522$
Breakeven Proceeds of Disposition 5,895$ 5,758$ 5,713$ 5,482$ 5,426$ 5,642$ 5,965$ 5,465$ 5,637$ 5,002$ 5,921$
Less: capital gains tax on sale (1,415)$ (1,434)$ (1,440)$ (1,461)$ (1,465)$ (1,447)$ (1,403)$ (1,463)$ (1,448)$ (1,333)$ (1,399)$
After-tax Proceeds of Disposition/After Tax Purchase Cost 4,480$ 4,324$ 4,273$ 4,021$ 3,961$ 4,195$ 4,562$ 4,002$ 4,189$ 3,669$ 4,522$
Effective earned income written off at current tax rate 11,517$ 11,414$ 11,381$ 11,235$ 11,200$ 11,333$ 11,575$ 11,222$ 11,330$ 11,894$ 11,549$
Effective earned income written off percentage 115% 114% 114% 112% 112% 113% 116% 112% 113% 119% 115%
Probity Mining 2018-II Short Duration Flow Through Limited Partnership
Offering Size: $20,000,000
Tax Advantages per $10,000 Investment
CEE Other
Deductions
Total
Deductions
Investment tax credit (50% eligible for 15% Federal credit) 685$
2018 9,128$ 71$ 9,199$
2019 and beyond -$ 836$ 836$
ITC income inclusion 2019 (685)$ (685)$
Net tax deductions (income) 9,128$ 221$ 9,349$
AB BC MB NB NS NL NWT ON PEI QC SK
Highest Marginal Tax Rate
2018 48.00% 49.80% 50.40% 53.30% 54.00% 51.30% 47.05% 53.53% 51.37% 53.31% 47.50%
2019 and beyond 48.00% 49.80% 50.40% 53.30% 54.00% 51.30% 47.05% 53.53% 51.37% 53.31% 47.25%
Investment 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$
Less:
Tax Savings from Net Deductions - Federal (4,487)$ (4,656)$ (4,712)$ (4,983)$ (5,048)$ (4,796)$ (4,399)$ (5,005)$ (4,802)$ (5,159)$ (4,440)$
ITC (685)$ (685)$ (685)$ (685)$ (685)$ (685)$ (685)$ (685)$ (685)$ (685)$ (685)$
Add:
Tax on Capital Gain 8$ 8$ 9$ 9$ 9$ 9$ 8$ 9$ 9$ 9$ 8$
Money at Risk 4,836$ 4,667$ 4,612$ 4,341$ 4,276$ 4,528$ 4,924$ 4,319$ 4,522$ 4,165$ 4,883$
Breakeven Proceeds of Disposition 6,363$ 6,214$ 6,166$ 5,918$ 5,858$ 6,090$ 6,439$ 5,897$ 6,085$ 5,678$ 6,393$
Less: capital gains tax on sale (1,527)$ (1,547)$ (1,554)$ (1,577)$ (1,582)$ (1,562)$ (1,515)$ (1,578)$ (1,563)$ (1,513)$ (1,510)$
After-tax Proceeds of Disposition/After Tax Purchase Cost 4,836$ 4,667$ 4,612$ 4,341$ 4,276$ 4,528$ 4,924$ 4,319$ 4,522$ 4,165$ 4,883$
Effective earned income written off at current tax rate 10,775$ 10,725$ 10,708$ 10,634$ 10,617$ 10,684$ 10,806$ 10,630$ 10,681$ 10,963$ 10,789$
Effective earned income written off percentage 108% 107% 107% 106% 106% 107% 108% 106% 107% 110% 108%
Probity Mining 2018-II Short Duration Flow Through Limited Partnership
Offering Size: $20,000,000
Tax Advantages per $10,000 Investment
CEE Other
Deductions
Total
Deductions
Investment tax credit (50% eligible for 15% Federal credit) 616$
Investment tax credit (50% eligible for 20% BC credit) 913$
2018 9,128$ 71$ 9,199$
2019 and beyond -$ 836$ 836$
ITC income inclusion 2019 - Federal (616)$ (616)$
ITC income inclusion 2019 - BC (913)$ (913)$
Net tax deductions (income) 9,128$ (623)$ 8,505$
BC
Highest Marginal Tax Rate
2018 49.80%
2019 and beyond 49.80%
Investment 10,000$
Less:
Tax Savings from Net Deductions (4,236)$
ITC - Federal (616)$
ITC - BC (913)$
Add:
Tax on Capital Gain 8$
Money at Risk 4,243$
Breakeven Proceeds of Disposition 5,650$
Less: capital gains tax on sale (1,407)$
After-tax Proceeds of Disposition/After Tax Purchase Cost 4,243$
Effective earned income written off at current tax rate 11,576$
Effective earned income written off percentage 116%
Probity Mining 2018-II Short Duration Flow Through Limited Partnership
Offering Size: $5,000,000
Tax Advantages per $10,000 Investment
CEE Other
Deductions
Total
Deductions
Investment tax credit (100% eligible for 15% Federal credit) 1,095$
Investment tax credit (100% eligible for 20% BC credit) 1,826$
2018 9,128$ 71$ 9,199$
2019 and beyond -$ 836$ 836$
ITC income inclusion 2019 - Federal (1,095)$ (1,095)$
ITC income inclusion 2019 - BC (1,826)$ (1,826)$
Net tax deductions (income) 9,128$ (2,015)$ 7,113$
BC
Highest Marginal Tax Rate
2018 49.80%
2019 and beyond 49.80%
Investment 10,000$
Less:
Tax Savings from Net Deductions (3,542)$
ITC - Federal (1,095)$
ITC - BC (1,826)$
Add:
Tax on Capital Gain 8$
Money at Risk 3,545$
Breakeven Proceeds of Disposition 4,720$
Less: capital gains tax on sale (1,175)$
After-tax Proceeds of Disposition/After Tax Purchase Cost 3,545$
Effective earned income written off at current tax rate 12,978$
Effective earned income written off percentage 130%
Probity Mining 2018-II Short Duration Flow Through Limited Partnership
Offering Size: $5,000,000
Tax Advantages per $10,000 Investment
CEE Other
Deductions
Total
Deductions
Investment tax credit (50% eligible for 15% Federal credit) 685$
Investment tax credit (50% eligible for 20% QC credit) 913$
2018 9,128$ 71$ 9,199$
2019 and beyond -$ 836$ 836$
ITC income inclusion 2019 - Federal (685)$ (685)$
Net tax deductions (income) 9,128$ 221$ 9,349$
QC
Highest Marginal Tax Rate
2018 53.31%
2019 and beyond 53.31%
Investment 10,000$
Less:
Tax Savings from Net Deductions (5,160)$
ITC - Federal (685)$
Quebec Additional Deduction (235)$
Add:
Tax on Capital Gain 9$
Money at Risk 3,929$
Breakeven Proceeds of Disposition 5,357$
Less: capital gains tax on sale (1,428)$
After-tax Proceeds of Disposition/After Tax Purchase Cost 3,929$
Effective earned income written off at current tax rate 11,405$
Effective earned income written off percentage 114%
Offering Size: $5,000,000
Tax Advantages per $10,000 Investment
Probity Mining 2018-II Short Duration Flow Through Limited Partnership
CEE Other
Deductions
Total
Deductions
Investment tax credit (100% eligible for 15% Federal credit) 1,369$
Investment tax credit (100% eligible for 20% QC credit) 1,826$
2018 9,128$ 71$ 9,199$
2019 and beyond -$ 836$ 836$
ITC income inclusion 2019 - Federal (1,369)$ (1,369)$
Net tax deductions (income) 9,128$ (463)$ 8,665$
QC
Highest Marginal Tax Rate
2018 53.31%
2019 and beyond 53.31%
Investment 10,000$
Less:
Tax Savings from Net Deductions (4,972)$
ITC - Federal (1,369)$
Quebec Additional Deduction (470)$
Add:
Tax on Capital Gain 9$
Money at Risk 3,198$
Breakeven Proceeds of Disposition 4,360$
Less: capital gains tax on sale (1,162)$
After-tax Proceeds of Disposition/After Tax Purchase Cost 3,198$
Effective earned income written off at current tax rate 12,777$
Effective earned income written off percentage 128%
Offering Size: $5,000,000
Tax Advantages per $10,000 Investment
Probity Mining 2018-II Short Duration Flow Through Limited Partnership