Hi Allan!
Could you please help me with one question?
I invest through my CCPC and some of the stocks are REITs that pay distributions, not dividends.
Once a year, around March, they report that last year distributions were X% capital gains, Y% return on capital and Z% other income. Each year X, Y and Z are different.
The problem is, my CCPC tax year end date is August 31, not December 31 like most companies, thus I need to report those distributions in my taxes for current year, but REIT is not willing to tell me that until March next year.
Questions is, what should I do in this situation?
Thank you!
SOCIAL CONNECT