Avenue Aviation II Annex Fund (Offshore), LP

Avenue Aviation II Annex Fund (Offshore), LP

New Category LP
Investment Manager Avenue Capital
Fund Status
Archive No
Custodian N/A
Jurisdiction Cayman Islands
T1135 Reporting Yes 
Currency USD
Tax Slip PFIC
Receiver
of Tax Receipt
RFO
Tax Slips Expected

June
Statements Expected

Quarterly
Accounting
Treatment
Per PFIC. When distributions are received you will decrease the ACB of the investment until the tax information is received at year-end and then reclassify accordingly. Starting in June 2021, per the client's capital statement, 3% of interest income should be accrued on committed amount, and 17% on the contributed amounts. 
Tax Memo/
Tax Treatment
Per PFIC                                                                                           
US Tax Return Required No
Type Partnership
Nature
of Investment
A Fund designed to provide a capital source for Avenue Aviation Opportunities Fund II, LP. Not all clients who invested in the original fund are invested here and some clients invested here are not invested in original fund. Accrued interest income
Notes