WCSB intends to invest 100% of available funds into development programs or to a lesser extent exploration activities. Therefore, the expected tax deduction for a limited partner in the year of purchase is approximately 40-50% of the amount invested with the balance deductible over the next four years. Because of these tax deductions, investors may be able to reduce their effective net ‘at-risk’ capital to approximately 54% to 56% of their original investment (please see the prospectus for the relevant partnership for a full description of these calculations).
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