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: Members’ Agreement (Thunder Mountain Gold Inc), Operating Agreement (Golden Phoenix Minerals Inc), Limited Liability Company Operating Agreement (Strathmore Minerals 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: Joint Venture Agreement (U S Precious Metals Inc), Exploration, Development and Mine Operating Agreement (Canyon Resources Corp), Exploration, Development and Mine Operating Agreement (Midway Gold 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/), Operating Agreement (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
