Crius -- summary under Foreign Asset Income Funds and LPs
Summary Under
Tax Topics - Public Transactions - Offerings - REIT, Trust and LP Offerings - Foreign Asset Income Funds and LPsIPO of Crius Energy Trust: Canadian-listed mutual fund trust that is a partnership for US purposes, holding an indirect interest in an LLC that also is a partnership for US purposes
Structure
A TSX-listed mutual fund trust ("Trust) will hold, through a Canadian Holdco and a US Holdco, one third of the membership units,...