# 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**