Following the dissolution of a flow-through limited partnership, investors have the opportunity to deduct issue costs associated with the partnership over several years. This deduction can be spread out over time, lowering investors’ taxable income over a longer period.
SCHEDULE OF ISSUE COST DEDUCTIONS FOR FUTURE YEARS (2024)
SOMMAIRE DES RETENUES SUR LES COUTS D'EMISSION (2024)
Investors may deduct issue costs associated with a flow-through limited partnership over a number of years subsequent to the dissolution of the partnership.
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.