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Posted AT 6:00 AM EST on 14/05/08

Vox: Cash flow: Income trusts' dirty little secret

FABRICE TAYLOR

Globe and Mail Update

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It's been almost a year since the bean-counting authorities in this country tried to nudge income trusts into being a little more forthright about what they call distributable cash. Did anyone listen? So far, it looks like the answer is: Not particularly. Trust investors should pay close attention to this matter, though. Lots of trusts will be converting to corporations in the next couple of years.

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