Stream Asset Financial II LP
Stream Asset Financial II LP
New Category | LP |
Investment Manager | Stream Asset Financial |
Fund Status | |
Archive | No |
Custodian | Stream Asset Financial |
Jurisdiction | Canada |
T1135 Reporting | No T1135 |
Currency | CDN |
Tax Slip | T5013 |
Receiver of Tax Receipt |
RFO/Client |
Tax Slips Expected |
March |
Statements Expected |
Quarterly |
Accounting Treatment |
Per T5013. 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 In Q4 2021 capital statement, there's a Distribution in Kind which represents the Dimsdale export transaction (interest sold and transferred to SAF II AIV LP). The transaction was done at market value, the capital gain are reflected in T5013 2021. Please record the distribution in kind showing in Q4 statement to decrease the ACB of the investment. |
Tax Memo/ Tax Treatment |
Per T5013 T5013 2021 for Stream Asset Financial II LP note: record capital gain as instructed. See Tax Memo/Special treatment for details. |
US Tax Return Required | No |
Type | Partnership |
Nature of Investment |
Formed for the purposes of investing in structured investments, where oil and gas midstream or oil and gas producing assets underpin the value of the investment. Oil & Gas investments. This is all coupon interest income. |
Notes |