Excepted net capital gain of a minor
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End of attention
Include the amount of any excepted net capital gain of a minor at A and provide a statement on a separate sheet of paper:
- detailing the distribution of excepted net capital gains to each beneficiary, and
- listing each beneficiary who is considered to be an excepted person, giving supporting reasons.
Attach this statement to the tax return and print X in the Yes box at Have you attached any ‘other attachments’? at the top of page 1 of the tax return.
For an explanation of excepted income and excepted person, see appendix 10.
Last modified: 05 Jul 2014QC 35444