What are the advantages of a corporate, trust or managed vs. an individual account?

As tax matters are specific to each individual, we cannot advise you on what is the best way to invest your funds, whether individually or through a corporate entity. We recommend you speak with your financial advisor or accountant who can advise you on the advantages or disadvantages of investing through various investment accounts/vehicles. 

Can I access tax documents on your platform?

Yes. In preparation for tax season, Fundscraper will create a T4 for your investments for the fiscal year and upload it to your dashboard. To access your dashboard, follow these steps: 

1. Log in to your dashboard
2. Click “Tax Documents”.

3. Download the appropriate documents for tax filing by clicking the red download button.

What are the income tax consequences of the debt investments or equity investments?

Since all types of investments will be structured and sold to investors as limited partnership units, every investor must annually declare the capital gain/loss, interest income, or dividend income as it accrues. Prospective investors should consult their own tax and accounting advisors.