Tax Planning with Maple Leaf Energy Income Programs
Investing in a Maple Leaf Energy Income Limited Partnership
can provide significant tax advantages.
100% TAX DEDUCTION
Investors in a Maple Leaf Energy Income Limited Partnership may realize a tax deduction of up to 100% of the amount invested. Typically 30-40% is claimed in the year in which the investment was made with the balance deductible over the subsquent 4 years.
Investors can benefit by deferring income taxes. Any amount deferred may be reduced by cash distributions taxable as income, and any possible capital gains that are allocable to investors upon divestiture of the Limited Partnership.
Maple Leaf Energy Income programs are specifically structured to provide investors with a combination of cash distributions and capital gains. As a result, a portion of income may potentially be converted into more favorably taxed capital gains payable in the future when the Limited Partnership assets are sold.
Investors should note that tax implications and the deductibility of expenses are particular to each individual investor’s circumstances therefore anyone considering an investment in a Maple Leaf Energy Income Limited Partnership should obtain advice from their tax or financial advisor prior to purchase. For further information on investing please visit our How To Invest
Download the Tax Filing Guide 2012
For each new taxation year, Maple Leaf Energy Income programs will provide investors with a Tax Filing Guide.
Looking for your Tax Slip?
Maple Leaf T5013A Tax Slips (or RL-15 Tax Slips for Quebec Residents) are mailed to investors directly from their investment dealers back office on or before March 31st of each tax reporting year. If you require a reprint of your Tax Slip, please
contact your investment dealers office and have them contact their back
office for a reprint of your slip.
More on Tax Reporting