Bravo II Offshore-C Select Feeder Fund, Ltd.
Bravo II Offshore-C Select Feeder Fund, Ltd.
| New Category | Investment in Private Company |
| Investment Manager | Pimco |
| Fund Status | Open |
| Archive | No |
| Custodian | Citi Bank Canada |
| Jurisdiction | Cayman Islands |
| T1135 Reporting | Yes Category 2 - Shares of non-resident corporations (other than foreign affiliates) |
| Currency | USD |
| Tax Slip | Foreign property information statement & T1135 |
| Receiver of Tax Receipt |
RFO / Client |
| Tax Slips Expected |
|
| Statements Expected |
Annual |
| Accounting Treatment |
As per Citibank, the company made a legal return of paid-up capital and as such, the distribution is to be treated as a redemption of shares. Please refer to Tax Memo/Special Treatment for details |
| Tax Memo/ Tax Treatment |
Section 94.1 rules may apply. Over the course of the investment there is no tax to pay but at the end the redemption would be taxed as a capital gain. This will further be confirmed once more tax/reporting information has been obtained |
| US Tax Return Required | No |
| Type | Corporation |
| Nature of Investment |
Residential and commercial mortgage backed securities and debt in the US and Europe |
| Notes |