Hey Cinema,
I read your post and it seems to me that your para 3 describes a scenario where you end up being taxed twice for the same acquired value.... It seems to me that if you reduce your KWG cost base proportinately, then you can't be taxed on the existing value of the special dividend ($.30) and (or) if you are deemed to have a $.30 capital gain on DDI then you shouldn't have to reduce you cost base on KWG. Hmmmm! can you clarify please
LP