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