Special treatment

Special Treatment

Distributions should be treated as redemptions of shares. With each distribution, we will need to calculate the cost and record the captial gain.

Please refer to Tax Memos - Special Treatment for details. Note that the excel is based on $5M commitement, Box B1 needs to be adjusted to the commitment amount of the company you are working on to reflect the company's cost and capital gain.

See link: Tax Memos - Special Treatment / Bravo II

Password to access the excel: Citi!