Pinnacle’s unique systems enables our teams to provide fast and accurate fund and investor data to enable timely preparation of tax returns and filing.

Canada Returns

Pinnacle has extensive experience preparing and filing all tax returns for investment funds in Canada:

  • Track and allocate income and expense by tax characteristic.
  • Provide full investor listing with all necessary investor data.
  • Provide data to tax service provider to ensure annual filings are filed on timely basis.
  • Confirm investor residency and calculate Fund blended GST rate on annual basis.
  • Distribution of investor slips through Pinnacle online portal.

 

GST/HST and SLFI Compliance

Canadian investment funds are subject to CRA’s GST/HST and SLFI investor certification regulations.  Pinnacle’s systems and experience can help you navigate the complex regulations.

  • Obtain certification of provincial residence of investors for SLFI calculations.
  • Calculate and file annual SLFI blended rate calculations.

 

More information on the GST/HST and SLFI regulations can be found at CRA by navigating here.

United States Returns

Pinnacle performs all preparation and filing of annual returns with the IRS.

  • Track and allocate income and expense by tax characteristic.
  • Capital gains calculated and allocated in accordance with fund liquidation methods.
  • PFIC reporting capabilities.