Argent Energy Trust benefits from a tax efficient “mutual fund trust” structure. Interests and operating deductions result in no material U.S. taxes for several years. There is minimal withholding tax on cross-border cash flow. The Trust is not subject to the same taxation rules applicable to a Canadian SIFT trust. The structure allows for Canadian taxation only at Unitholder level, which is deferred if held in registered accounts.
- 60% to 65% Return on Capital (ROC)
- Under 2% U.S. corporate tax