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                                        

We should receive 2 seperate tax slips T5013 in 2021 & 2022, one for Stream Asset Financial II LP and one for the new entity Stream AIV, LP.           

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