# 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**