Common use of Federal Income Tax Information Clause in Contracts

Federal Income Tax Information. As soon as practicable after the close of each tax year, the Trustee shall mail to each Person who was a Beneficiary during such year, a statement showing, on a per Unit basis, the information necessary to enable a Beneficiary to determine its taxable income (if any) from the Trust as determined for Federal income tax purposes. In addition, after receipt of a request in good faith, the Trustee shall furnish to any Person who has been a Beneficiary at any time during the preceding year, at the expense of such Person and at no cost to the Trust, a statement containing such further tax information as is reasonably requested by such Person.

Appears in 4 contracts

Samples: Liquidating Trust Agreement (Shelbourne Properties I Inc), Liquidating Trust Agreement (Shelbourne Properties Ii Inc), Liquidating Trust Agreement (Shelbourne Properties Iii Inc)

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Federal Income Tax Information. As soon as practicable after the close of each tax year, the Trustee Trustees shall mail to each Person who was a Beneficiary during such year, a statement showing, on a per Unit basis, the information necessary to enable a Beneficiary to determine its taxable income (if any) from the Trust as determined for Federal federal income tax purposes. In addition, after receipt of a request in good faith, the Trustee Trustees shall furnish to any Person who has been a Beneficiary at any time during the preceding year, at the expense of such Person and at no cost to the Trust, a statement containing such further tax information as is reasonably available to the Trustees and reasonably requested by such Person.

Appears in 4 contracts

Samples: Master Combination Agreement (NorthStar Real Estate Income II, Inc.), Master Combination Agreement (NorthStar Real Estate Income II, Inc.), Master Combination Agreement (Colony NorthStar, Inc.)

Federal Income Tax Information. As soon as practicable after the close of each tax year, the Trustee Trustees shall mail to each Person who was a Beneficiary during such year, a statement showing, on a per Unit basis, the information necessary to enable a Beneficiary to determine his, her or its taxable income (if any) from the Trust as determined for Federal income tax purposes. In addition, after receipt of a request in good faith, the Trustee Trustees shall furnish to any Person who has been a Beneficiary at any time during the preceding year, at the expense of such Person and at no cost to the Trust, a statement containing such further tax information as is reasonably requested by such Person.

Appears in 2 contracts

Samples: Liquidating Trust Agreement, Liquidating Trust Agreement (Winthrop Realty Trust)

Federal Income Tax Information. As soon as practicable after the close of each tax year, the Trustee Trustees shall mail to each Person who was a Beneficiary during such year, a statement showing, on a per Unit basis, the information necessary to enable a Beneficiary to determine its taxable income (if any) from the Trust as determined for Federal federal income tax purposes. In addition, after receipt of a request in good faith, the Trustee Trustees shall furnish to any Person who has been a Beneficiary at any time during the preceding year, at the expense of such Person and at no cost to the Trust, a statement containing such further tax information as is reasonably requested by such Person.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (G REIT Liquidating Trust)

Federal Income Tax Information. As soon as practicable after the close of each tax year, the Trustee Trust shall mail to each Person who was a Beneficiary during such year, a statement showing, on a per Unit basis, the information necessary to enable a Beneficiary to determine its taxable income (if any) from the Trust as determined for Federal U.S. federal income tax purposes. In addition, after receipt of a request in good faith, the Trustee Trust shall furnish to any Person who has been a Beneficiary at any time during the preceding year, at the expense of such Person and at no cost to the Trust, a statement containing such further tax information as is reasonably requested by such Person.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (HGR Liquidating Trust)

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Federal Income Tax Information. As soon as practicable after the close of each tax year, the Trustee shall mail to each Person who was a Beneficiary during such at the close of the year, a statement showing, on a per Unit basis, basis the information necessary to enable a Beneficiary to determine its taxable income (if any) from the Trust as determined for Federal federal income tax purposes. In addition, after receipt of a request in good faith, the Trustee shall furnish to any Person who has been a Beneficiary at any time during the preceding year, at the expense of such Person and at no cost to the Trust, a statement containing such further tax information as is reasonably requested by available to the Trustee that shall be helpful in determining the amount of taxable income that such Person should include in such Person’s Federal income tax return.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Mission West Properties Inc)

Federal Income Tax Information. As soon as practicable after the close of each tax year, the Trustee shall mail to each Person who was a Beneficiary during such year, a statement showing, on a per Unit basis, the information necessary to enable a Beneficiary to determine its taxable income (if any) from the Trust as determined for Federal federal income tax purposes. In addition, after receipt of a request in good faith, the Trustee shall furnish to any Person who has been a Beneficiary at any time during the preceding year, at the expense of such Person and at no cost to the Trust, a statement containing such further tax information as is reasonably requested by such Person.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (T Reit Liquidating Trust)

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