State Income Tax. To the extent permissible under applicable law, the relationship of the Members shall be treated for state income tax purposes in the same manner as it is for federal income tax purposes.
Appears in 17 contracts
Samples: Limited Liability Company Operating Agreement (Thunder Mountain Gold Inc), Operating Agreement (Golden Phoenix Minerals Inc), Limited Liability Company Operating Agreement (American Uranium Corp)
State Income Tax. To the extent permissible under applicable law, the relationship of the Members Participants shall be treated for state income tax purposes in the same manner as it is for federal income tax purposes.
Appears in 8 contracts
Samples: Operating Agreement and Closing Acknowledgment Agreement (U S Precious Metals Inc), Operating Agreement (Midway Gold Corp), Operating Agreement (Canyon Resources Corp)
State Income Tax. To the extent permissible under applicable lawLaw, the relationship of the Members shall be treated for state income tax purposes in the same manner as it is for federal income tax purposes.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Strathmore Minerals Corp.), Limited Liability Company Agreement (Uranium Resources Inc /De/), U S Gold Corp
State Income Tax. To the extent permissible under applicable lawLaw, the relationship of the Members shall be treated for all state income tax purposes in the same manner as it is for federal income tax purposes.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Uranium Energy Corp)
State Income Tax. To the extent permissible under applicable lawLaw, the relationship of the Members Participants shall be treated for state income tax purposes in the same manner as it is for federal income tax purposes.
Appears in 1 contract
