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You hold 1,000 units of Calgary Commercial Property, a real estate investment trust (REIT) 500 of those units are heid inside a tax-free savings account,

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You hold 1,000 units of Calgary Commercial Property, a real estate investment trust (REIT) 500 of those units are heid inside a tax-free savings account, the other 500 are outside the tax-free savings account. The REIT announces a profit of $10 per share, of which it retains $4 for reinvestment and distributes the rest as dividend payments. Given your personal tax rate of 30%, and the tax rate on dividends is 15%, how much tax must you pay on your holdings

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