Tax Information

Canadian Shareholders

Unless otherwise indicated, common share dividends paid by Bonavista Energy Corporation will be designated as "eligible dividends" for income tax purposes and thus qualify for the enhanced gross up dividend tax credit rules normally applicable to taxable dividends received from taxable Canadian corporations.

Non-Resident Shareholders

Common share dividends paid in cash by Bonavista Energy Corporation will be subject to Canadian withholding tax at the rate of 25% unless the rate is reduced under the provisions of a tax treaty between Canada and the Non-Resident Shareholder’s jurisdiction of residence. Where the Non-Resident Shareholder is a United States resident entitled to benefits under the Canada-U.S. Tax Treaty, the rate of Canadian withholding tax on dividends is generally reduced to 15%.

US Taxpayers - Cost Basis

Historical Stock Dividend and Dividend Reinvestment Plan Information
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