Form T2152 Part X.3 Tax Return for a Labour-Sponsored Venture Capital Corporation - Canada

Form T2152 Part X.3 is used for reporting tax information related to a Labour-Sponsored Venture Capital Corporation (LSVCC) in Canada. It is specifically for reporting the amount of tax credits earned by the investor for investments made in a registered LSVCC.

The Tax Return for a Labour-Sponsored Venture Capital Corporation in Canada is filed by the corporation itself.

FAQ

Q: What is Form T2152?A: Form T2152 is a tax return form for a Labour-Sponsored Venture Capital Corporation (LSVCC) in Canada.

Q: What is a Labour-Sponsored Venture Capital Corporation (LSVCC)?A: A Labour-Sponsored Venture Capital Corporation (LSVCC) is a corporation that raises money from investors and invests it in small and medium-sized businesses.

Q: What is Part X.3 of Form T2152?A: Part X.3 of Form T2152 is a section where you report the amount of tax credit that can be claimed by the shareholders of the LSVCC.

Q: Who needs to file Form T2152?A: The LSVCC needs to file Form T2152 to report its tax information.

Q: What information is required in Form T2152 Part X.3?A: Form T2152 Part X.3 requires you to provide the number of shares issued by the LSVCC and the amount of tax credit that can be claimed by the shareholders for each class of shares.

Q: Is Form T2152 for the United States or Canada?A: Form T2152 is for Canada, specifically for reporting tax information of a Labour-Sponsored Venture Capital Corporation (LSVCC).