Tax Returns and Tax Information. The General Partners shall: (i) have the Accountants prepare the tax returns (federal, state and local, if any) of the Partnership for each fiscal year within 75 days after the end of each calendar year in which such fiscal year was completed; and (ii) deliver to each Partner within 75 days after the end of each calendar year the information necessary to prepare his federal income tax return, and a state tax return to the extent required in each state where the Partnership then owns a Property, for the calendar year during which such fiscal year was completed.
Appears in 5 contracts
Samples: Agreement of Limited Partnership (Krupp Realty LTD Partnership V), Agreement of Limited Partnership (Krupp Realty LTD Partnership V), Agreement of Limited Partnership (Krupp Realty Fund LTD Iii)
Tax Returns and Tax Information. The General Partners Partner shall:
(i) have prepare, or cause the Accountants prepare to prepare, in accordance with applicable laws and regulations, the tax returns (federal, state state, local and localforeign, if any) of the Partnership for each fiscal year Fiscal Year within 75 seventy-five (75) days after the end of each calendar year in which such fiscal year was completedFiscal Year; and
(ii) deliver to each Partner within 75 days after by March 15 following each Fiscal Year a Schedule K-1 or other statement permitted under the end Code or by the IRS setting forth the Partner’s share of each calendar year the information necessary to prepare his federal income tax return, Partnership’s Income or Loss and a state tax return to the extent required in each state where the Partnership then owns a Property, items thereof for the calendar year during which such fiscal year was completedFiscal Year.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Resource Real Estate Investors 7, L.P.), Limited Partnership Agreement (Resource Real Estate Investors 6 LP)
Tax Returns and Tax Information. The General Partners shall:
(i) have the Accountants prepare the tax returns (federal, state and local, if any) of the Partnership for each fiscal year within 75 days after the end of each calendar year in which such fiscal year was completed; and
(ii) deliver to each Partner and Unitholder within 75 days after the end of each calendar year the information necessary to prepare his federal income tax return, and a state tax return to the extent required in each state where the Partnership then owns a Property, for the calendar year during which such fiscal year was completed.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Krupp Insured Plus Ii LTD Partnership), Limited Partnership Agreement (Krupp Insured Plus Ii LTD Partnership)
Tax Returns and Tax Information. The General Partners Partner shall:
(i) have prepare, or cause the Accountants prepare to prepare, in accordance with applicable laws and regulations, the Partnership’s tax returns (federal, state state, local and localforeign, if any) of the Partnership for each fiscal year Fiscal Year within 75 days after the end of each calendar year in which such fiscal year was completedthe Fiscal Year; and
(ii) deliver to each Partner within 75 days after by March 15 following each Fiscal Year a Schedule K-1 or other statement permitted under the end Code or by the IRS setting forth the Partner’s share of each calendar year the information necessary to prepare his federal income tax return, and a state tax return to the extent required in each state where the Partnership then owns a Property, Partnership’s Income or Loss for the calendar year during which such fiscal year was completedFiscal Year.
Appears in 1 contract
Samples: Limited Partnership Agreement (LEAF Equipment Finance Fund 4, L.P.)
Tax Returns and Tax Information. The General Partners shall:
(i) have the Accountants prepare the tax returns (federal, state and local, if any) of the Partnership for each fiscal year within 75 days after the end of each calendar year in which such fiscal year was completed; and
(ii) deliver to each Partner and Unitholder within 75 days after the end of each calendar year the information necessary to prepare his federal income tax return, and a state tax return to the extent required in each state where the Partnership then owns a Property, for the calendar year during which such fiscal year was completed.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Krupp Cash Plus Ii LTD Partnership)
Tax Returns and Tax Information. The General Partners shall:
(i) have the Accountants prepare the tax returns (federal, state and local, if any) of the Partnership for each fiscal year within 75 days after the end of each calendar year in which such fiscal year was completed; and
(ii) deliver to each Partner partner and Unitholder within 75 days after the end of each calendar year the information necessary to prepare his federal income tax return, and a state tax return to the extent required in each state where the Partnership then owns a Property, for the calendar year during which such fiscal year was completed.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Krupp Cash Plus LTD Partnership)