Investor Tax Information
T5013A tax slips for the 2008 tax year will be prepared and provided by the Investment Dealer through which you held the units of Creststreet Power & Income Fund LP. This information is required to be reported to you no later than March 31, 2008. If you do not receive the tax information by this date, please contact your Investment Advisor directly. This will be the final tax reporting by the Partnership.
2008 Distribution Taxation
| Record date | Payment date | Total Distribution C$ | Taxable: Business Loss / Income (Box 22) |
Taxable: Interest from Cdn Sources (Box 50) |
Taxable Dividends from Cdn. Sources (Box 51) |
Taxable: Capital Gains (Box 70) |
(Box 27) |
|---|---|---|---|---|---|---|---|
| Jan 31 | Feb 15 | 0.0542 | (0.0764) | 0.0765 | 0.0821 | - | (Note 2) |
| Feb 29 | Mar 14 | 0.0542 | (0.0764) | 0.0714 | 0.0821 | - | (Note 2) |
| Mar 31 | Apr 15 | 0.0542 | (0.0778) | 0.0765 | 0.0821 | - | (Note 2) |
| Apr 30 | May 15 | 0.0542 | (0.0756) | 0.0739 | 0.0821 | - | (Note 2) |
| May 30 | June 16 | 0.0542 | (0.0755) | 0.0764 | 0.0821 | - | (Note 2) |
| July 9 | July 10 | 6.9150 | (0.3991) | 0.0773 | 0.0821 | 2.6076 | 4.5472 |
| Total: | 7.186 | (0.7808) | 0.4520 | 0.4923 | 2.6076 | 4.4149 | |
| % | 100.00% | -10.87% | 6.29% | 6.85% | 36.29% | 61.44% |
| Note 1: | This shall be the final tax reporting completed by the Partnership, as the Partnership has since been dissolved. |
|---|---|
| Note 2: | The return of capital was negative for the periods Jan, Feb, Mar, Apr and May, which is reported as zero for tax purposes. This monthly difference between the amount of the distribution paid and the taxable amounts reported for that distribution should increase the ACB accordingly. The total for 2008 includes the negative return of capital for Jan to May. |
| Note 3: | The Partnership’s total gross income for the year ended 2008 was $0.98534. |
| Note 4: | The Partnership does not have sufficient information to determine the ACB or at-risk amount for each unitholder. Unitholders should contact their own tax advisors with respect to the calculation of their own ACB or at-risk amount. |
| Note 5: | $1.9999 of the capital gain is eligible for the lifetime capital gains exemption to the extent that it exceeds your Cumulative Net Investment Loss ("CNIL") for tax purposes. |
2007 Distribution Taxation
| Record date | Payment date | Total Distribution C$ | Taxable: Business Loss / Income (Box 22) |
Taxable: Interest from Cdn Sources (Box 50) |
Taxable Dividends from Cdn. Sources (Box 51) |
Non-taxable: Return of Capital (Box 27) |
|---|---|---|---|---|---|---|
| January 30 | February 15 | 0.0542 | (0.0819) | 0.0730 | 0.0286 | 0.0345 |
| February 28 | March 15 | 0.0542 | (0.1022) | 0.0727 | 0.0286 | 0.0552 |
| March 30 | April 16 | 0.0542 | (0.0248) | 0.0724 | 0.0286 | (Note 1) |
| April 30 | May 15 | 0.0542 | (0.0726) | 0.0728 | 0.0286 | 0.0254 |
| May 31 | June 15 | 0.0542 | (0.0735) | 0.0752 | 0.0286 | 0.0240 |
| June 29 | July 16 | 0.0542 | (0.0729) | 0.0728 | 0.0286 | 0.0258 |
| July 31 | August 15 | 0.0542 | (0.0743) | 0.0758 | 0.0286 | 0.0241 |
| August 31 | September 14 | 0.0542 | (0.0759) | 0.0771 | 0.0286 | 0.0244 |
| September 28 | October 15 | 0.0542 | (0.0749) | 0.0745 | 0.0286 | 0.0261 |
| October 31 | November 15 | 0.0542 | (0.0765) | 0.0768 | 0.0286 | 0.0254 |
| November 30 | December 14 | 0.0542 | (0.0774) | 0.0743 | 0.0286 | 0.0288 |
| December 31 | January 15 2008 |
0.0542 | (0.0776) | 0.0766 | 0.0286 | 0.0266 |
| Total: | 0.6504 | (0.8845) | 0.8940 | 0.3432 | 0.2984 | |
| % | 100.00% | (135.99%) | 137.45% | 52.77% | 45.88% |
| Note 1: | The return of capital for this period was negative, which is reported as zero for tax purposes. The difference from the distribution paid is to be included as taxable business income for tax reporting purposes and unitholders should increase their ACB accordingly. |
|---|---|
| Note 2: | The Partnership's total gross income for the year ended 2007 was $14,525,430. |
| Note 3: | The Partnership does not have sufficient information to determine the ACB or at-risk amount for each unitholder. Unitholders should contact their own tax advisors with respect to the calculation of their own ACB or at-risk amount. |
2006 Distribution Taxation
| Record date | Payment date | Total Distribution C$ | Taxable: Business Loss (Box 18) |
Taxable: Interest from Canadian sources (Box 26) |
Non-taxable: Return of Capital |
|---|---|---|---|---|---|
| January 30 | February 15 | 0.0627 | (0.0437) | 0.0529 | 0.0535 |
| February 28 | March 15 | 0.0627 | (0.0416) | 0.0497 | 0.0546 |
| March 31 | April 18 | 0.0627 | (0.0491) | 0.0558 | 0.0561 |
| April 28 | May 15 | 0.0627 | (0.0441) | 0.0543 | 0.0524 |
| May 31 | June 15 | 0.0627 | (0.0461) | 0.0559 | 0.0529 |
| June 30 | July 14 | 0.0542 | (0.0494) | 0.0541 | 0.0494 |
| July 31 | August 15 | 0.0542 | (0.0496) | 0.0558 | 0.0480 |
| August 31 | September 15 | 0.0542 | (0.0609) | 0.0695 | 0.0456 |
| September 29 | October 13 | 0.0542 | (0.0736) | 0.0760 | 0.0518 |
| October 31 | November 15 | 0.0542 | (0.0733) | 0.0790 | 0.0485 |
| November 30 | December 15 | 0.0542 | (0.0714) | 0.0799 | 0.0457 |
| December 29 | January 15, 2007 | 0.0542 | (0.0656) | 0.0741 | 0.0457 |
| Total: | 0.6929 | (0.6684) | 0.7570 | 0.6042 | |
| % | 100.00% | (96.4%) | 109.2% | 87.2% |
2005 Distribution Taxation
| Record date | Payment date | Total Distribution C$ | Taxable: Business Loss (Box 18) |
Taxable: Interest from Canadian sources (Box 26) |
Non-taxable: Return of Capital |
|---|---|---|---|---|---|
| August 31, 2005 | September 15, 2005 | 0.06270 | (0.04778) | 0.04908 | 0.06140 |
| September 30, 2005 | October 17, 2005 | 0.06270 | (0.04793) | 0.04960 | 0.06103 |
| October 31, 2005 | November 15, 2005 | 0.06270 | (0.03949) | 0.05127 | 0.05092 |
| November 30, 2005 | December 15, 2005 | 0.06270 | (0.04070) | 0.04970 | 0.05370 |
| December 31, 2005 | January 16, 2006 | 0.06270 | (0.04151) | 0.06031 | 0.04390 |
| Total: | 0.31350 | (0.21741) | 0.25996 | 0.27095 | |
| 100.00% | (69.35)% | 82.92% | 86.43% |