specified investment flow-through trust (SIFT)


A Canadian investment vehicle that provides tax advantages for Canadian residents. The structure became popular as a business ownership model until tax law changes in 2007 modified the way income distributions were taxed, leading to a significant number of conversions to traditional corporate ownership structures.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
specified investment flow-through tax (SIFT) specify