Passive foreign investment company

VanEck Announces Year-End Distributions for VanEck Equity ETFs

Retrieved on:

Saturday, December 16, 2023

Professional Services, Data Analytics, Other Professional Services, Finance, Asset Management, Consulting, ETF, Communication, Investment, Disclosure, Funding, Passive foreign investment company, Circular 230, IRS, Paul Ecke Ranch, PFIC

Passive Foreign Investment Company (PFIC) Income: Several VanEck ETFs may make investments in non-U.S. corporations classified as “passive foreign investment companies”.

Key Points:

Passive Foreign Investment Company (PFIC) Income: Several VanEck ETFs may make investments in non-U.S. corporations classified as “passive foreign investment companies”.
Please refer to your VanEck ETF’s Statement of Additional Information (SAI) for further information on PFICs.
Shareholders or potential shareholders of the VanEck ETFs should obtain their own independent tax advice based on their particular circumstances.
If you have any questions concerning this information or the VanEck ETFs in general, please call 800.826.2333 between 9:00 am and 5:30 pm ET, Monday through Friday.

FTAI Aviation Ltd. Announces 2022 PFIC Annual Information Statement, Final K-1 Tax Package for Fortress Transportation and Infrastructure Investors LLC

Retrieved on:

Monday, March 20, 2023

Passive foreign investment company, Fortress Transportation and Infrastructure Investors, Aviation, Transport, QEF, PFIC, FTAI

FTAI will post a 2022 “PFIC Annual Information Statement” to its website at https://ir.ftaiaviation.com/tax-information .

Key Points:

FTAI will post a 2022 “PFIC Annual Information Statement” to its website at https://ir.ftaiaviation.com/tax-information .
On November 10, 2022, Fortress Transportation and Infrastructure Investors LLC completed the merger transaction with FTAI and FTAI Aviation Merger Sub LLC, and Fortress Transportation and Infrastructure Investors LLC shares were exchanged for shares in FTAI.
Fortress Transportation and Infrastructure Investors LLC’s 2022 Schedule K-1 tax packages are available online.
For additional information, shareholders may call FTAI Tax Package Support toll free at (855) 225-9906.

Tetragon Financial Group Limited U.S. Shareholders Tax Reporting Information

Retrieved on:

Monday, March 20, 2023

QEF, PFIC, Passive foreign investment company, Security (finance), Quadrilateral

Any such shareholders who wish to receive this confidential information should provide their contact details to Tetragon's Investor Relations department at the contact details below.

Key Points:

Any such shareholders who wish to receive this confidential information should provide their contact details to Tetragon's Investor Relations department at the contact details below.
Tetragon will use reasonable efforts to provide information with respect to underlying portfolio companies that it has reasonably determined to be PFICs.
Although estimates of such underlying PFIC information may be provided earlier, Tetragon may not be able to provide actual underlying PFIC information in advance of the 15 April tax return deadline applicable to most individual U.S. taxpayers, and so such shareholders may wish to request an extension of their tax filing deadline.
In addition, Tetragon will not accept any liability for the accuracy or completeness of any such provided information.

VanEck Announces Yearend Distributions for VanEck Equity ETFs

Retrieved on:

Saturday, December 17, 2022

Passive Foreign Investment Company (PFIC) Income: Several VanEck ETFs may make investments in non-U.S. corporations classified as “passive foreign investment companies”.

Key Points:

Passive Foreign Investment Company (PFIC) Income: Several VanEck ETFs may make investments in non-U.S. corporations classified as “passive foreign investment companies”.
Please refer to your VanEck ETF’s Statement of Additional Information (SAI) for further information on PFICs.
Shareholders or potential shareholders of the VanEck ETFs should obtain their own independent tax advice based on their particular circumstances.
As of November 30, 2022, VanEck managed approximately $71.5 billion in assets, including utual funds, ETFs and institutional accounts.

Flow Capital Announces Early Repayment of Heretto Investment

Retrieved on:

Wednesday, November 23, 2022

Growth, Nature, TSX, Passive foreign investment company, TSX Venture Exchange, Legislation, Foreign Account Tax Compliance Act, Investment, Acquisition, Person, Risk management, Bank

Private Securities Litigation Reform Act of 1995.

Key Points:

Private Securities Litigation Reform Act of 1995.
In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions.
In determining expectations for economic growth, the Company primarily considers historical economic data provided by the Canadian and U.S. governments and their agencies.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Flow Capital Announces Q3 2022 Financial Results

Retrieved on:

Friday, November 18, 2022

Growth, Nature, TSX, Passive foreign investment company, TSX Venture Exchange, Legislation, Foreign Account Tax Compliance Act, Investment, Acquisition, Person, Risk management, Bank

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward- looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

Key Points:

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward- looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions.
In determining expectations for economic growth, the Company primarily considers historical economic data provided by the Canadian and U.S. governments and their agencies.
1 Adjusted recurring free cash flow is an internally defined number represented by revenues from interest and royalties, less recurring operating expenses less interest expenses.

Flow Capital Announces an Investment in Prolifiq and the Commencement of a Normal Course Issuer Bid for Common Shares

Retrieved on:

Thursday, October 13, 2022

Passive foreign investment company, Growth, TSX, Person, Investment, Private Securities Litigation Reform Act, Company, Foreign Account Tax Compliance Act, TSX Venture Exchange, Legislation, Nature, Phrase, Security (finance), Bookkeeping

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions.

Key Points:

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions.
In determining expectations for economic growth, the Company primarily considers historical economic data provided by the Canadian and U.S. governments and their agencies.
The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FLOW CAPITAL ANNOUNCES NORMAL COURSE ISSUER BID FOR COMMON SHARES

Retrieved on:

Thursday, October 6, 2022

Passive foreign investment company, Growth, TSX, Person, Investment, Company, Foreign Account Tax Compliance Act, TSX Venture Exchange, Legislation, Nature, Phrase, Bookkeeping

This press release contains certain forward-looking information and "forward-looking statements" within the meaning of applicable securities legislation.

Key Points:

This press release contains certain forward-looking information and "forward-looking statements" within the meaning of applicable securities legislation.
The forward-looking information contained herein may include, but is not limited to, information with respect to proposed purchases, if any, by the Company under the NCIB.
In connection with the forward-looking information and forward-looking statements contained in this press release, Flow Capital has made certain assumptions.
All subsequent written and oral forward- looking information and statements attributable to Flow Capital or persons acting on its behalf is expressly qualified in its entirety by this notice.

Flow Capital Announces Q2 2022 Financial Results

Retrieved on:

Tuesday, August 16, 2022

Foreign Account Tax Compliance Act, Legislation, Phrase, Growth, Investment, TSX, TSX Venture Exchange, Passive foreign investment company, Company, Acquisition, Nature, Private Securities Litigation Reform Act, Person, Risk management, Bank

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward- looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

Key Points:

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward- looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions.
In determining expectations for economic growth, the Company primarily considers historical economic data provided by the Canadian and U.S. governments and their agencies.
1 Adjusted recurring free cash flow is an internally defined number represented by revenues from interest and royalties, less recurring operating expenses less interest expenses.

Flow Capital Announces Initial Closing of Preferred Share Offering

Retrieved on:

Wednesday, June 29, 2022

Passive foreign investment company, Foreign Account Tax Compliance Act, TSX Venture Exchange, Growth, Person, Company, Investment, Offering, Phrase, Nature, TSX, Legislation, Security (finance)

TORONTO, June 28, 2022 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) ("Flow Capital" or the "Company") is pleased to announce the completion of the initial closing of its previously announced Series I Class A Preferred Share (the "Series I Class A Preferred Shares") offering for gross proceeds of approximately $1,220,000 at a price of $3.00 per Series I Class A Preferred Share (the "Offering"). The Company expects to complete one or more additional tranches of the Offering in the coming weeks.

Key Points:

This press release contains certain "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation.
Forward-looking information in this press release includes, but is not limited to, information concerning the proposed completion of the Offering and the Company's proposed use of the gross proceeds of the initial tranche of the Offering.
In connection with the forward-looking information and forward-looking statements contained in this press release, Flow Capital has made certain assumptions.
All subsequent written and oral forward- looking information and statements attributable to Flow Capital or persons acting on its behalf is expressly qualified in its entirety by this notice.