Common use of Income Tax Returns and Elections Clause in Contracts

Income Tax Returns and Elections. The Company shall provide the Members information on the Company’s taxable income or loss that is relevant to reporting the Company’s income as well as all other filings, forms, or other information required by federal or state taxing and regulatory authorities. This information shall also show each Member’s distributive share of each class of income, gain, loss or deduction. This information shall be furnished to the Members as soon as possible after the close of the Company’s taxable year. All elections required or permitted to be made by the Company under the Internal Revenue Code of 1986, as amended (the “Code”) shall be made by the Members.

Income Tax Returns and Elections. The Company shall provide the Members Member(s) information on the Company’s taxable income or loss that is relevant to reporting the Company’s income as well as all other filings, forms, forms or other information required by federal or state taxing and regulatory authorities. This information shall also show each the Member’s (Members’) distributive share of each class of income, gain, loss or deduction. This information shall be furnished to the Members Member(s) as soon as possible after the close of the Company’s taxable year. All elections required or permitted to be made by the Company under the Internal Revenue Code of 1986, as amended (the “Code”) shall be made by the MembersMember(s).

Income Tax Returns and Elections. The Company shall provide the Members information on the Company’s 's taxable income or loss that is relevant to reporting the Company’s 's income as well as all other filings, forms, or other information required by federal or state taxing and regulatory authorities. This information shall also show each Member’s 's distributive share of each class of income, gain, loss or deduction. This information shall be furnished to the Members as soon as possible after the close of the Company’s 's taxable year. All elections required require or permitted to be made by the Company under the Internal Revenue Code of 1986, as amended (the “"Code”") shall be made by the Members.

Income Tax Returns and Elections. The Company shall provide the Members Member(s) information on the Company’s taxable income or loss that is relevant to reporting the Company’s income as well as all other filings, forms, forms or other information required by federal or state taxing and regulatory authorities. This information shall also show each Member’s the Member’s(s’) distributive share of each class of income, gain, loss or deduction. This information shall be furnished to the Members Member(s) as soon as possible after the close of the Company’s taxable year. All elections required or permitted to be made by the Company under the Internal Revenue Code of 1986, as amended (the “Code”) shall be made by the MembersMember(s).