Skip to main content
  • Corporate Profile
    • IR Overview
    • Corporate Information
      • Officers and Board of Trustees
      • Committee Charting
      • Governance Documents
    • Unit Information
      • Unit Quote
      • Historic Prices
      • Distributions
      • DRIP
      • Total Return Calculator
    • Tax Information
      • Tax Filing Information
    • Financial Information & Filings
      • Financial Statements
      • Quarterly and Annual Results
      • Other Documents
      • SEDAR+ Filings
    • Property List
    • News & Market Information
      • Press Releases
      • Media
      • Investor Presentations
      • Earnings Presentations
      • Analyst Coverage
    • ESG
    • Other Information
      • Email Notification
      • Information Request Form
      • FAQ
    • IR Site Map
Logo
 
  • < Back to capreit.ca
☰Investor Relations
IR Search
Tax Filing Information

2024

On December 16, 2024, Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) declared a special non-cash distribution of $1.18 per Unit, paid in Units of CAPREIT (the “Additional Units”) on December 31, 2024 to Unitholders of record at the close of business on December 31, 2024 (the “Special Distribution”). The Special Distribution was principally made to distribute to Unitholders a portion of the net capital gains of CAPREIT realized during the twelve-month period ended December 31, 2024, and was therefore in the form of a capital gain to Unitholders for Canadian income tax purposes.

Taxable Canadian-resident Unitholders will generally be required to include their proportionate share of CAPREIT’s income and net taxable capital gain, as allocated and designated by CAPREIT, in computing their respective income for the tax year that includes the year end of CAPREIT (i.e., December 31, 2024).

The non-cash Special Distribution was paid at the close of business on December 31, 2024 through the issuance of the Additional Units. The number of Additional Units issued was based on the dollar amount of the Special Distribution divided by the closing price of the Units on the Toronto Stock Exchange on December 31, 2024.

Immediately after the payment of the Special Distribution, the issued and outstanding Units of CAPREIT were consolidated such that the aggregate number of issued and outstanding Units was the same as immediately before the Special Distribution. For Unitholders who are residents of Canada for Canadian federal income tax purposes, the amount of the Special Distribution increased the adjusted cost base of Unitholders’ consolidated Units. Unitholders who are not resident in Canada for Canadian federal income tax purposes may be subject to applicable withholding taxes in connection with the payment of the Special Distribution.

CAPREIT cautions that the foregoing comments are not intended to be, and should not be construed as, legal or tax advice to any Unitholder. CAPREIT recommends that Unitholders consult their own tax advisors regarding the income tax consequences to them of this Special Distribution and related Unit consolidation.

Please refer to CAPREIT's press release here.


2023

On December 15, 2023, CAPREIT declared a special non-cash distribution of $0.49 per Unit, paid in Units of CAPREIT on December 29, 2023 to Unitholders of record at the close of business on December 29, 2023.

For more information on CAPREIT’s 2023 special distribution, please refer to CAPREIT’s press release here.


2022

On December 15, 2022, CAPREIT declared a special non-cash distribution of $0.36 per Unit, paid in Units of CAPREIT on December 30, 2022 to Unitholders of record at the close of business on December 30, 2022.

For more information on CAPREIT’s 2022 special distribution, please refer to CAPREIT’s press release here.


CANADIAN APARTMENT PROPERTIES REAL ESTATE INVESTMENT TRUST



Stephen Co, Chief Financial Officer

Copyright , © Powered By Q4 Inc.
Logo
< Back to Capreit.ca