PREPARATION AND FILING OF INCOME TAX RETURNS AND OTHER WRITINGS. The Company's treasurer shall cause the preparation and timely filing of all Company tax returns, shall, on behalf of the Company, make such tax elections (including, without limitation, any election under Section 754 of the Code), determinations and allocations which he or she, in his or her sole and absolute discretion, deems to be appropriate and shall timely make all other filings required by any governmental authority having jurisdiction to require such filing, the cost of which shall be borne by the Company. Copies of such returns shall be furnished to the Members within a reasonable period of time after the end of each Fiscal Year of the Company. A Form K-1, prepared by the Company's accountants, shall be delivered to the Members within ninety (90) days after the expiration of each Fiscal Year of the Company. This form shall show the allocation of profit or loss of the Company for federal income tax purposes, including all separately stated items, to each Member. No election shall be made by the Company or any Member to be excluded from the application of the provisions of subchapter K of the Code or from any similar provision of state tax laws.
PREPARATION AND FILING OF INCOME TAX RETURNS AND OTHER WRITINGS. ABT shall cause the preparation and timely filing of all Company tax returns, shall on behalf of the Company make such tax elections (including, without limitation, any election under Section 754 of the Code, which Section 754 election may be made in the Tax Matters Partners' discretion, upon the written request of any Member), determinations, and allocations which it, in its sole and absolute discretion, deems to be appropriate, and shall timely make all other tax related filings required by any governmental authority having jurisdiction to require such filing, the cost of which shall be borne by the Company. ABT will furnish copies of such returns to each Member upon request. ABT shall also cause to be delivered to the Members, within ninety (90) days after the expiration of each tax year of the Company, a Form K-1 prepared by the Company or the Company's accountant. This form shall show the allocation of Profit or Loss of the Company for Federal income tax purposes, including all separately stated items, to each Member. No election shall be made by the Company or any Member to be excluded from the application of the provisions of subchapter K of the Code or from any similar provision of state and local tax laws.
PREPARATION AND FILING OF INCOME TAX RETURNS AND OTHER WRITINGS. The Partnership Representative shall cause the Company’s accountant to prepare, and timely file, all Company tax returns, and shall timely make all other filings required by any governmental authority having jurisdiction to require such filing, the cost of which shall be borne by the Company. The Partnership Representative shall also cause to be delivered to the Co-Managing Members, within ninety (90) days after the expiration of each tax year of the Company, a Form K-1 prepared by the Company’s accountant. This form shall show the allocation of profits and losses of the Company for federal income tax purposes, including all separately stated items, to each Co-Managing Member. No election shall be made by the Company or either Co-Managing Member to be excluded from the application of the provisions of subchapter K of the Code or from any similar provision of state tax laws.
PREPARATION AND FILING OF INCOME TAX RETURNS AND OTHER WRITINGS. The General Partner shall cause the preparation and timely filing of all Partnership tax returns and shall timely file all other writings required by any governmental authority having jurisdiction to require such filing. In addition, the General Partner shall do the following on behalf of the Partnership:
PREPARATION AND FILING OF INCOME TAX RETURNS AND OTHER WRITINGS. The Managers shall cause the preparation and timely filing of all Company tax returns, shall on behalf of the Company make such tax elections, determinations, and allocations as appear to be appropriate, and shall timely make all other filings required by any governmental authority having jurisdiction to require such filing, the cost of which shall be borne by the Company. The Managers shall also cause to be delivered to the Members, prior to the deadline for filing the Company's federal income tax return for each tax year of the Company (including extensions), a Form K-1 prepared by the Company's accountants. This form shall show the allocation of Taxable Income or Tax Loss of the Company including all separately stated items, to each Member.
