Valor Siren Venture I-B, L.P.
Valor Siren Venture I-B, L.P.
New Category | LP |
Investment Manager | Valor Equity |
Fund Status | |
Archive | No |
Custodian | N/A |
Jurisdiction | USA |
T1135 Reporting | Yes |
Currency | USD |
Tax Slip | K-1 (Tax estimates may be available) |
Receiver of Tax Receipt |
RFO / Client |
Tax Slips Expected |
Tax estimates around April; Final K-1 around August (based on 2021) |
Statements Expected |
Quarterly |
Accounting Treatment |
Per K-1. 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 |
Tax Memo/ Tax Treatment |
Pick up the income reflected on the K-1. Capital gains must be canadianized by converting the acquisition price into CAD$ at the spot rate applicable on the date of acquisition and the sale price converted into CAD$ at the spot rate applicable on the date of the sale. |
US Tax Return Required | No |
Type | Partnership |
Nature of Investment |
The Fund invests in early-stage companies applying technology to the food and retail sectors. |
Notes |