Tax Information

This page provides certain tax information for our investors and their investment advisors. Shareholders are advised to consult their personal tax advisors with respect to their particular circumstances.

Eligible Dividends for Canadian Tax Purposes:

CES Energy Solutions Corp. (the “Company”) hereby advises all shareholders that all dividends paid on its common shares to Canadian residents will be designated as “eligible dividends” for Canadian income tax purposes. This designation will apply until a notification of change is posted on this website. If you have any questions regarding the taxation of eligible dividends, please contact your Canadian tax advisor or your local office of the Canada Revenue Agency.

1099-DIV Information Reporting for United States Tax Purposes:

If you are required to file a U.S. tax return, please note the following. The Company is a “Qualified Foreign Corporation”, and our dividends are expected to qualify as “qualified dividend income”. Qualified dividend income received by non-corporate U.S. holders is generally subject to U.S. federal income tax at the same preferential rates applicable to long-term capital gains, currently 0%, 15%, or 20%, depending on the holder’s income level. Certain taxpayers may also be subject to an additional 3.8% Net Investment Income Tax. To be eligible for these preferential tax rates, a shareholder must satisfy applicable holding period requirements, generally requiring that the shares be held for more than 60 days during the 121-day period beginning 60 days prior to the ex-dividend date. For additional information regarding these rules or Form 1099-DIV, please contact your U.S. tax advisor or your local office of the Internal Revenue Service.