Following are answers to common questions regarding Cost Basis Reporting under the Emergency Economic Stabilization Act of 2008.
The information below is not intended to be a complete discussion of all your income tax requirements, is not written to provide you with tax advice, and does not intend to deal with all of the federal or state tax consequences that may be applicable to your investment in a Fund offered by Aquila Group of Funds.
Consult Your Tax Adviser
We strongly encourage you to consult your professional tax adviser prior to making a Cost Basis Reporting election or redeeming shares, in order to discuss any questions you may have about your Cost Basis Reporting options. Neither the Funds nor the Shareholder Servicing Agent are able to provide you with tax or legal advice.