Tax Information
This page provides certain tax information for our investors their investment advisors.
Corporate Conversion Transaction
Effective January 1, 2010, Canadian Energy Services L.P. (“CES” or the “Partnership”) and Canadian Energy Services Inc. (the “General Partner”) completed a transaction with Nevaro Capital Corporation (“Nevaro”) which resulted in the Partnership converting from a publicly traded Canadian limited partnership to a publicly traded corporation (the “Conversion”). The Conversion resulted in the unitholders of the Partnership becoming shareholders of Canadian Energy Services & Technology Corp. (“CESTC”) with no changes to the underlying business operations. CESTC trades on the TSX under the trading symbol “CEU”.
Therefore certain terms such as shareholder/unitholder and dividend/distribution may be used interchangeably below. For the years ended December 31, 2009 all distributions to unitholders were in the form of limited partnership unit distributions. In addition “CES” is used below to describe the business undertaken by the Partnership pre-Conversion and CESTC post-Conversion.
As a result of converting to a corporate structure, the CUSIP number for CESTC changed from 13566V100 to 13566W108.
2009 is the final year for reporting partnership income on CDS and for issuing T5013’s as effective 2010 CESTC is a dividend paying corporation.
The Partnership (Partnership Filer Identification Number: HA 9481698 and the Partnership Business Number: 807342274) was organized in accordance with the terms and conditions of a limited partnership agreement which provides that only persons who are resident in Canada, or, if partnerships, are Canadian partnerships, in each case for purposes of the Income Tax Act (Canada) (the "Tax Act"), may own units of the Partnership. Units may not be purchased as a "tax shelter investment" for the purposes of the Tax Act or by any entity an interest in which is a tax shelter investment.
Click here to view 2009 Tax Information for the year ended December 31, 2009.
Click here to view Amended 2008 Tax Information for the year ended December 31, 2008.
Click here to view 2007 Tax Information for the year ended December 31, 2007.
Click here to view 2006 Tax Information for the year ended December 31, 2006.
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