|
There are residency restrictions to holding partnership units.
Canada Revenue Agency (CRA) has specified that a limited
partner cannot be a "non-Canadian" within the meaning of the
Investment Canada Act (Canada), or a "non-resident" of Canada
as defined in the Income Tax Act (Canada).
Please note that Canadian residency is completely unrelated to the Canadian
citizenship. If you are unsure about the your specific residency status,
please consult a tax expert.
|