SIFT definition

SIFT means specified investment flow-through trust or specified investment flow-through partnership, as the case may be, within the meaning of the SIFT Rules.
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SIFT means a SIFT trust or a SIFT partnership as defined in the SIFT Rules;
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SIFT means a specified investment flow-through trust or partnership as defined in the Tax Act.
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Examples of SIFT in a sentence

  • However, no assurances are provided that the Trust, ▇▇▇▇ Road LP and/or any Registered Individual LP will not become a SIFT trust or SIFT partnership, respectively.

  • Provided that the Units of, or other investments in, the Trust and such partnerships are not listed or traded on a stock exchange or other “public market”, in each case within the meaning of the Tax Act, the Trust will not be a SIFT trust and ▇▇▇▇ Road LP and each Registered Individual LP will not be a SIFT partnership.

  • In the event that the Trust becomes a SIFT trust or ▇▇▇▇ Road LP or a Registered Individual LP becomes a SIFT partnership, each as defined in the Tax Act, the income tax considerations described in this Offering Memorandum would be materially and adversely different in certain respects.

  • Education activity coordination, including the Senior Incentive Field Trip (SIFT) for graduating seniors, if applicable.

  • The Board of Trustees has been examining options available to it to lessen the impact of the SIFT Rules and believes that an exchange of trust units for shares of a corporation at this time as contemplated in the Agreement prior to 2011 is beneficial to its unitholders.


More Definitions of SIFT

SIFT means a specified investment flow-through trust or partnership for the purpose of the Tax Act;
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SIFT means a “SIFT trust” or a “SIFT partnership” as defined in the Tax Act.
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SIFT means a “specified investment flow-through” trust;
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SIFT means “specified investment flow-through” trust, as defined in the Tax Act.
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SIFT means specified investment flow-through entities for the purposes of the Income Tax Act.
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SIFT means a specified investment flow-through trust or partnership for purposes of the Tax Act; “SIFT Legislation” means the provisions of the Tax Act that apply to a SIFT;
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SIFT means a “SIFT trust” or a “SIFT partnership” as defined in the Tax Act for purposes of the SIFT Regime.
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