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 36 contracts
Samples: 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 31 contracts
Samples: 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)6231(a)(7) and corresponding regulations, who will fulfill this role by being the spokesperson for the LLC in dealings
Appears in 1 contract
Samples: Operating Agreement
