U.S. Tax Information - Qualifying Dividend
For the information of U.S. shareholders, Brookfield Residential Properties Inc. is a "qualified foreign corporation" for U.S. federal income tax purposes and its dividends are therefore generally eligible for "qualified dividend" treatment. Whether dividends paid by Brookfield Residential Properties Inc. will in fact be "qualified dividends" to any shareholder will depend on that shareholder's specific circumstances, including the shareholder's holding period for the Brookfield Residential Properties Inc. shares on which such dividends are received. U.S. shareholders are advised to consult their own tax advisors concerning the treatment of dividends paid by Brookfield Residential Properties Inc. as "qualified dividends" in their particular circumstances.
Canadian Tax Information - Eligible Dividend
For purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation, all dividends (and deemed dividends) paid by Brookfield Residential Properties Inc. to Canadian residents on our common and preferred shares are designated as "eligible dividends." Unless stated otherwise, all dividends (and deemed dividends) are designated as "eligible dividends" for the purposes of these rules.