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specified investment flow-through tax (SIFT)

A Canadian tax assessment on income distributions from certain trust ownership structures. Corporate organizations seeking favorable tax treatment registered ownership status under these trusts until 2007, when tax law changes modified how distributions were taxed, leading to a significant number of conversions to traditional corporate ownership structures.

Related information about specified investment flow-through tax (SIFT):
  1. Specified Investment Flow-Through Tax (SIFT) Definition ...
    A tax implemented by the Canadian government on the distributions of a special type of Canadian income trust. SIFT trusts was a common business structure in ...
     
  2. What is specified investment flow-through tax (SIFT)? definition and ...
    Definition of specified investment flow-through tax (SIFT): A Canadian tax assessment on income distributions from certain trust ownership structures. Corporate ...
     
  3. What is tax assessment? definition and meaning
    specified investment flow-through tax (SIFT) ... mutual improvement certificate · specified investment flow-through tax (SIFT) · grievance period · mill · Special ...
     
  4. Boston Pizza Royalties Income Fund Announces ... - Marketwire
    Nov 9, 2012 ... 8 Specified Investment Flow through tax ("SIFT Tax") on Units is the SIFT Tax expense for the respective period (as a negative number) plus the ...
     
  5. Boston Pizza Royalties Income Fund Announces ... - Yahoo! Finance
    Nov 9, 2012 ... 8 Specified Investment Flow through tax ("SIFT Tax") on Units is the SIFT Tax expense for the respective period (as a negative number) plus the ...
     
  6. SIR Royalty Income Fund Announces August ... - CNW Group
    Aug 8, 2012... to the tax treatment of income trusts, commonly referred to as Specified Investment Flow Through Tax ("SIFT Tax"), effective January 1, 2011.
     
  7. SIR Royalty Income Fund Announces July Distribution - CNW Group
    Jul 11, 2012... to the tax treatment of income trusts, commonly referred to as Specified Investment Flow Through Tax ("SIFT Tax"), effective January 1, 2011.
     
  8. Back to News Article - The Keg Royalties Income Fund
    Dec 21, 2010 ... On January 1, 2011, legislative changes to the tax treatment of income trusts, as a result of the Specified Investment Flow-through Tax (“SIFT ...