Capital Loss Carry-Forwards

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Investors that have capital loss carry-forwards can use capital gains from Maple Leaf Flow-Through investments to offset their capital loss carry-forwards.

WHAT IS A CAPITAL LOSS?

A capital loss is the result of selling an investment (capital property) at less than the purchase price or adjusted basis and capital loss carry-forwards are a result of capital losses exceeding capital gains in any given year. Any expenses from the sale are deducted from the proceeds and added to the loss.

The information on this page is not to be considered tax advice. Maple Leaf reminds you that each individual’s tax and investment planning situation is unique and professional advice should always be received from a qualified tax and/or investment advisor. We strongly recommend that you consult with your tax advisor to determine the optimal use of these tax deductions as well as the impact to you, if any, with respect to either alternative minimum tax or cumulative net investment losses.

Maple Leaf Funds - Tax Filing Guide
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Filing taxes for your Maple Leaf Funds investment is made simple with this
easy-to-follow guide.

Investors may deduct issue costs associated with a flow-through limited partnership over a number of years subsequent to the dissolution of the partnership.

View the Issue Cost Deductions in:

All Maple Leaf Short Duration Flow-Through Limited Partnerships roll into Maple Leaf Resource Class Fund Code: CDO100 (the “Mutual Fund”). If you sell shares of the Mutual Fund you will need to know the adjusted cost base (“ACB”) per Mutual Fund share to determine capital gains or losses for tax reporting purposes.

View Rolled Fund ACB’s

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