What is the deadline for filing your investments fund’s 45-106 F1 Report of Exempt Distribution?
Many investment funds typically have a December 31 or June 30 year-end. Historically, the requirement was to file within 30 days of the fund’s year-end. However, recent amendments to NI 45- 106 have standardized the filing deadline to 30 days after December 31, regardless of the year-end of the fund. So… if your fund’s year end is June 30 and you are frantically scrambling to file your report today (why are you reading this bulletin?) we hope this is some welcome good news as you head into the long weekend!