Taxation in Canada

RPT Realty Announces Tax Reporting Information for Its 2020 Dividend Distributions

Retrieved on: 
Tuesday, January 26, 2021
Form, Taxation in the United States, Income tax in the United States, Internal Revenue Service, IRS tax forms, Tax, Taxation in Canada, Form 1099-MISC

This information is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.

Key Points: 
  • This information is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.
  • The amounts indicated on the Form 1099-DIV should be reported on the shareholders' 2020 federal income tax returns.
  • Investors are advised to consult a legal or tax professional about the specific tax treatment of the Company's 2020 distributions.
  • The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Company's distributions.

Blueknight Declares Quarterly Distributions

Retrieved on: 
Tuesday, January 26, 2021
Oil, Gas, Trucking, Energy, Logistics, Supply chain management, Transport, International taxation, Taxation in the United States, Withholding tax, Tax withholding in the United States, Tax, Income tax in the United States, Articles, Economy, Taxation in Canada, Taxation in Australia, Income trust

The fourth quarter 2020 distributions for both the common and preferred units remain unchanged from those paid for the third quarter of 2020.

Key Points: 
  • The fourth quarter 2020 distributions for both the common and preferred units remain unchanged from those paid for the third quarter of 2020.
  • The distributions are payable on February 12, 2021, on all outstanding common and preferred units to unitholders of record as of the close of business on February 5, 2021.
  • Accordingly, Blueknights distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.
  • Nominees, and not Blueknight, are treated as withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.

Caldwell U.S. Dividend Advantage Fund Declares Distributions for Q1 2021

Retrieved on: 
Monday, January 25, 2021
Dividend, Shareholders, Taxation in Canada, Exchange-traded fund, Index fund

The ETF Series of Caldwell U.S. Dividend Advantage Fund trades on the TSX under the ticker symbol UDA.

Key Points: 
  • The ETF Series of Caldwell U.S. Dividend Advantage Fund trades on the TSX under the ticker symbol UDA.
  • Performance of the Fund prior to the conversion date would have differed had the Fund been subject to the same investment restrictions and practices of the current open-end mutual fund.
  • If distributions paid are greater than the performance of the fund, your original investment will shrink.
  • Distributions paid as a result of capital gains realized by a fund, and income and dividends earned by a fund, are taxable in your hands in the year they are paid.

Invitation Homes Announces 2020 Dividend Tax Allocation

Retrieved on: 
Monday, January 25, 2021
Construction & Property, Residential Building & Real Estate, Economies, Taxation in Australia, Income tax in the United States, Dividend, Taxation in the United States, Income tax, Tax, Taxation in Canada, Taxation in New Zealand, Taxation in the United Kingdom, Dividend tax, Corporate tax in the United States

Invitation Homes Inc. (NYSE: INVH) (Invitation Homes or the Company) today announced the 2020 dividend allocation for federal income tax purposes for its Common Stock.

Key Points: 
  • Invitation Homes Inc. (NYSE: INVH) (Invitation Homes or the Company) today announced the 2020 dividend allocation for federal income tax purposes for its Common Stock.
  • Invitation Homes tax return for 2020 has not yet been filed.
  • Please note that federal tax laws affect taxpayers differently, and the information in this release is not intended as advice to shareholders as to how dividends should be reported on their tax returns.
  • Invitation Homes encourages shareholders to consult with their own tax advisors with respect to federal, state, and local income tax effects on these dividends.

ELS Announces Tax Treatment of 2020 Distributions

Retrieved on: 
Friday, January 22, 2021
Other Construction & Property, Residential Building & Real Estate, Construction & Property, REIT, Taxation in Australia, Income tax in the United States, Ex-dividend date, Income tax, Tax, International taxation, Taxation in Canada, Corporate taxation in the United States, Economy, Corporate tax in the United States, Foreign tax credit

The common stock distribution with a record date of December 27, 2019, paid on January 10, 2020, is a split-year distribution with $0.015462 considered a distribution made in 2020 for federal income tax purposes.

Key Points: 
  • The common stock distribution with a record date of December 27, 2019, paid on January 10, 2020, is a split-year distribution with $0.015462 considered a distribution made in 2020 for federal income tax purposes.
  • The common stock distribution with a record date of December 24, 2020, paid on January 8, 2021, is a split-year distribution with $0.254699 considered a distribution made in 2020 and $0.087801 allocable to 2021 for federal income tax purposes.
  • Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from us.
  • As of October 19, 2020, we owned or had an interest in 415 quality properties in 33 states and British Columbia consisting of 157,690 sites.

Blue Ribbon Income Fund Announces Monthly Distributions

Retrieved on: 
Friday, January 22, 2021
Dividend reinvestment plan, Finance, Money, Financial ratios, Investment funds, Taxation in Canada

Since the Funds inception in September 1997, the Fund has paid cash distributions of $19.89 per unit.

Key Points: 
  • Since the Funds inception in September 1997, the Fund has paid cash distributions of $19.89 per unit.
  • Unitholders are reminded that the Fund offers a distribution reinvestment plan (DRIP) which provides unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.
  • There are ongoing fees and expenses associated with owning units of an investment fund.
  • An investment fund must prepare disclosure documents that contain key information about the fund.

Gaming and Leisure Properties Inc. Announces 2020 Distribution Tax Treatment

Retrieved on: 
Friday, January 22, 2021
Taxation in the United States, Tax forms, Income tax in the United States, Income tax, Tax return, Tax, Taxation in Canada, Alternative minimum tax, Corporate tax in the United States

Gaming and Leisure Properties tax return for the year ended December 31, 2020, has not been filed.

Key Points: 
  • Gaming and Leisure Properties tax return for the year ended December 31, 2020, has not been filed.
  • As a result, the income tax allocation for the distributions discussed above has been calculated using the best available information as of the date of this press release.
  • Please note that federal tax laws affect taxpayers differently, and the information in this release is not intended as advice to shareholders on how distributions should be reported on their tax returns.
  • Shareholders are encouraged to consult with their own tax advisors as to their specific federal, state, and local income tax treatment of the Companys distributions.

First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for February

Retrieved on: 
Wednesday, January 20, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Financial ratios, Investment, Mathematical finance, Rate of return, Return of capital, Taxation in Canada, Exchange-traded fund, Capital gains tax

First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on February 16, 2021, to shareholders of record as of February 2, 2021.

Key Points: 
  • First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on February 16, 2021, to shareholders of record as of February 2, 2021.
  • Under the Plan, the Fund intends to continue to pay a monthly distribution in the amount of $0.06 per share.
  • This distribution may consist of net investment income earned by the Fund, net short-term and long-term capital gains and/or tax deferred return of capital.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.

American Software Announces Tax Treatment of 2020 Distributions

Retrieved on: 
Wednesday, January 20, 2021
Technology, Software, Corporate finance, Shareholders, Dividends, Taxation in Australia, Corporate taxation, Finance, Economy, Taxation in Canada

American Software, Inc. (NASDAQ: AMSWA) has determined that certain 2020 distributions are considered to be return of capital (non-dividend) distributions.

Key Points: 
  • American Software, Inc. (NASDAQ: AMSWA) has determined that certain 2020 distributions are considered to be return of capital (non-dividend) distributions.
  • This tax treatment will affect shareholders tax basis in their shares.
  • Shareholders should consult their tax advisors to determine how this change may affect their 2020 taxes.
  • For more information about American Software, please visit www.amsoftware.com , call (404) 364-7615 or email [email protected] .

Office Properties Income Trust Announces 2020 Dividend Allocations

Retrieved on: 
Tuesday, January 19, 2021
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Legal entities, Taxation in Canada, Corporate finance, Articles, Real estate investment trust, Dividend, Income trust, Ordinary income, Trust law, Economy, Finance

Qualified Dividends are a subset of, and included in, the Ordinary Income amount.

Key Points: 
  • Qualified Dividends are a subset of, and included in, the Ordinary Income amount.
  • Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.
  • Office Properties Income Trust is a REIT focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics such as government entities.
  • No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.