Tax Matters Partner. If this LLC is required under Internal Revenue Code provisions or regulations, it shall designate from among its members a "tax matters partner" in accordance with Internal Revenue Code Section 6231 (a)
Appears in 43 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement
Tax Matters Partner. If this LLC is required under Internal Revenue Code provisions or regulations, it shall designate from among its members a "tax matters partner" in accordance with Internal Revenue Code Section 6231 (a)) (7) and corresponding regulations, who will fulfill this role by being the spokesperson for the LLC in dealings with the IRS as required under the Internal Revenue Code and Regulations, and who will report to the members on the progress and outcome of these dealings.
Appears in 37 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement
Tax Matters Partner. If this LLC is required under mandated by Internal Revenue Code provisions stipulations or regulationsguidelines, it shall designate this LLC will select from among its members a "tax matters partner" in accordance line with Internal Revenue Code Section 6231 (a)) (7) and related regulations. This individual will act as the representative for the LLC in interactions with the IRS as mandated under the Internal Revenue Code and Regulations, and will inform the members about the developments and results of these interactions.
Appears in 1 contract
Sources: Operating Agreement
Tax Matters Partner. If this LLC is required under Internal Revenue Code provisions or regulations, it shall designate from among its members a "tax matters partner" in accordance with Internal Revenue Code Section 6231 (a)6231(a)(7) and corresponding regulations, who will fulfill this role by being the spokesperson for the LLC in dealings
Appears in 1 contract
Sources: Operating Agreement