It’s been said the only two guarantees in life are death and taxes. Unfortunately, we haven’t found a way to live forever, but we do know some ways to help mitigate your taxes. Join us on November 8th to learn new strategies to legally reduce your taxable income.
We are excited to have guest speakers, Gary Tsuji and Henry Jung of Vision Flow-Through LP. Gary will be presenting an exciting opportunity within the BC hydro power sector. Henry will be able to answer the tax questions regarding this opportunity. This is an exclusive offering only for Triview clients.
Vision Flow-Through LP creates sustainable long-term returns and income tax deductions for investors by funding the development costs of Renewable Energy Projects in Canada, in particular Hydro Power Run-of-River Facilities (“ROR”).
With Triview’s recent approval, I am excited to share with you this unique Flow-Through opportunity as the demand for tax deductible investments increases every fall for many as an alternative to RRSPs.
Highlights of Vision LP include:
A Tax Deduction for the 2017 Tax Year (Personal or Corporate)
Vision LP issues Flow-Through Limited Partnership Units to raise investment capital that provide tax advantages for its investors. Up to 100% of these costs qualify as Canadian Renewable Conservation Expenses (CRCE), and as deductible expenses for Canadian Income Taxes.
Project Funded by 20% Equity & 80% Debt
Vision LP will incur the start-up costs associated with the Projects. 20% of the capital costs of each project and this will be treated as the equity in the projects. The 80% balance of costs will be funded through debt provided by banks, financial institutions and/or other Long-Term Lenders. Traditional resource related flow-through offerings are usually 100% equity.
Long Term Steady Returns
For the prospective Projects that have passed feasibility study, interconnection study and other government requirements, Vision LP and/or with its hydro developers will apply for Power Purchase Agreements from local electricity companies. If awarded, the contract is a fixed term of up to forty years. The electricity generated by the Projects are guaranteed to be purchased by local electricity companies, at fixed rates including a Consumer Price Index adjustment wherever applicable.
Creating Value for Investors and Community
The development of ROR hydroelectric projects will also increase the intensity of economic activity in the surrounding region and present many new job opportunities to the community. Vision is ultimately committed to generating environmental and economic benefits; meanwhile provides investors’ tax deductible investment vehicle generating steady long-term returns
When: Thursday, November 8th 6-7:30pm
Where: Comfort Hotel, 3020 Blanshard, Victoria
Cost: No charge, refreshments will be served.
Guests are welcome, feel free to forward this invitation to friends who are looking for tax solutions. Registration is requested, as seating is limited.
Register now for the event by clicking on the button below:
Date(s) - Wednesday Nov 08, 2017
6:00 pm - 7:30 pm
Comfort Inn & Suites Victoria