Common use of Income Tax Statements Clause in Contracts

Income Tax Statements. (a) Within 90 days from the end of the Trust’s taxation year, or as otherwise required by the Tax Act, the Trust shall prepare and deliver or make available electronically, or cause to be prepared and delivered or made available electronically in such manner as is permitted by the Tax Act, to Unitholders information pertaining to the Trust, including all distributions, designations, determinations, allocations and elections, which is required or permitted by the Tax Act.