TAX SUPPORT SERVICES. BNY Mellon shall provide the following tax support services for each Fund: Provide various data and reports as agreed upon in the SLDs to support TRP’s tax reporting and tax filing obligations, including: · Wash sales reporting; · QDI reporting; · DRD reporting; · PFIC analysis; · Straddle analysis; · Paydown adjustments; · Equalization debit adjustments · Tax compliance under §851, §817(h); · Foreign bond sale analysis (§988); · Troubled debt analysis; · Estimation of income for excise tax purposes; · Swap analysis; · Inflation adjustments; · §1256 adjustments; · Market discount analysis; · OID adjustments; · CPDI analysis; · Shareholder tax reporting information (e.g. FTC, UGG income, foreign source income by country, exempt income by state); Provide data, and reports based on such data, maintained by BNY Mellon on its fund accounting platform as reasonably requested by TRP to support TRP’s obligations to comply with requests from tax authorities and TRP’s tax reporting and tax filing obligations. Assist with other tax-related data needs as mutually agreed upon in writing from time-to-time.
TAX SUPPORT SERVICES. Tax Support Services provided by Price Associates shall include, among other things: · Preparation of federal, state and other applicable tax returns; · Preparation of tax provisions and financial statement disclosures, inclusive of supporting documentation; · Preparation of excise tax provision, inclusive of supporting documentation; · Preparation of monthly taxable income and net taxable gains · Preparation of shareholder tax reporting calculations and ICI layouts; · Preparation of certain tax returns, including FINCEN Form 114*; · Foreign tax jurisdiction registration and treaty relief documentation*; · Preparation of fund qualification compliance*; · Tax management and oversight functions including: (A) tax policies and decisions, including tax return positions, (B) maintaining adequate documentation as required by applicable laws and as is necessary to support the regulatory reports filed, (C) making arrangements, and coordinating with third parties as necessary, for filing all tax returns with the relevant tax authority and for all payments, where due, of all tax liabilities associated with the tax returns to the relevant tax authority, (D) the coordination of dividend resolutions and reporting of dividends to shareholders, (E) the application of GAAP with respect to tax accounting calculations and disclosures, and (F) maintaining appropriate internal controls.*; and · Such other tax support services agreed to by the parties, not otherwise performed by BNY Mellon*. (these Tax Support Services, except for those asterisked items, together with RR Services, “Sub-Contracted Services”).
TAX SUPPORT SERVICES. Tax support services for each Fund provided by Price Associates shall include, among other things:
TAX SUPPORT SERVICES. BNY Mellon shall provide the following tax support services for each Fund: · Wash sales reporting; · QDI reporting; · DRD reporting; · PFIC analysis; · Straddle analysis; · Paydown adjustments; · Equalization debit adjustments · Tax compliance under §851, §817(h); · Foreign bond sale analysis (§988); · Troubled debt analysis; · Estimation of income for excise tax purposes; · Swap analysis; · Inflation adjustments; · §1256 adjustments; · Market discount analysis; · OID adjustments; · CPDI analysis; · Shareholder tax reporting information (e.g. FTC, UGG income, foreign source income by country, exempt income by state); § Provide data, and reports based on such data, maintained by BNY Mellon on its fund accounting platform as reasonably requested by TRP to support TRP’s obligations to comply with requests from tax authorities and TRP’s tax reporting and tax filing obligations. § Assist with other tax-related data needs as mutually agreed upon in writing from time-to-time. § Calculate Fund approved income and per share amounts required for periodic distributions to be made by the applicable Fund, Series or class; § Coordinate a Fund’s annual audit and respond timely and completely to related requests; § Cooperate with each Fund’s independent auditors; § Supply various normal and customary portfolio and Fund statistical data as requested on an ongoing basis; and § If the chief executive officer or chief financial officer of a Fund is required to provide a certification as part of the Fund’s Form N-Q or Form N-CSR filing pursuant to regulations promulgated by the SEC under Section 302 of the Xxxxxxxx-Xxxxx Act of 2002, provide a sub-certification in support of certain matters set forth in the aforementioned certification. Such sub-certification is to be in such form and relating to such matters as reasonably agreed to by BNY Mellon in advance. BNY Mellon shall be required to provide the sub-certification only during the term of this Agreement with respect to the applicable Fund or Series and only if it receives such cooperation as it may request to perform its investigations with respect to the sub-certification. For clarity, the sub-certification is not itself a certification under the Xxxxxxxx-Xxxxx Act of 2002 or under any other law, rule or regulation. § Assist the Fund in responding to SEC examination requests by providing requested documents in the possession of BNY Mellon that are on the SEC examination request list and by making employees responsible for...
TAX SUPPORT SERVICES. Coordinate with the Trust’s independent public accountants and any other tax service provider to the Trust or Series to ensure all tax related financial reporting is completed, as necessary or appropriate; perform required tax compliance tests and perform any recalculations or adjustments, as necessary or appropriate; prepare calculation of income and capital gain distribution estimates incorporating book/tax adjustments as provided by the Trust and/or its tax service provider; incorporate (as instructed) certain tax adjustments provided to a service provider from the Trust and/or their tax service provider into the accounting records and/or system as applicable to system functionality; and perform other tax services as necessary or appropriate;
TAX SUPPORT SERVICES. The Administrator shall provide the following tax support services to the Fund: · Prepare fiscal year end and excise tax distribution calculations; · Prepare monthly, quarterly and annual income distributions as described in the Portfolio’s prospectus · Prepare tax-related ROCSOP entries for fund accounting purposes · Review required tax disclosures (such as tax cost, long term capital gain and tax exempt designation, foreign tax credits, dividend received deductions and qualified dividend income pass throughs) in the Fund’s financial statements · Prepare and file federal, state and local (if any) income tax returns, including tax return extension requests · Prepare shareholder year-end tax information · Calculate the amounts and characterizations of distributions declared during the calendar year for Form 1099/DIV reporting · Consult with the Fund’s Authorized Persons regarding potential passive foreign investment companies (“PFICs”) · Prepare wash sales calculations and other differences required for tax purposes · Consult with the Fund’s Authorized Persons on various tax issues as requested and with the Fund’s independent public accountant when appropriate · Provide tax research as requested The Administrator shall provide the following additional tax support services to the Fund: · Prepare and maintain tax accruals for convertible preferred stock investments · Prepare available tax equalization schedules · Prepare Form 1099 reporting for the Fund’s Independent Trustees
TAX SUPPORT SERVICES. The Administrator shall provide the following tax support services to the Fund: · Prepare fiscal year-end and excise tax provisions and distribution calculations; · Prepare monthly, quarterly and annual income distributions as described in each Fund’s or Portfolio’s prospectus · Provide any tax analysis of portfolio transactions · Prepare capital gain distribution(s) including spillback amounts as required · Prepare tax-related ROCSOP entries for fund accounting purposes · Provide foreign withholding tax service (custody and by country reports) · Prepare FBAR filings · Review required tax disclosures (such as tax cost, long-term capital gain, tax-exempt designation, foreign tax credits, dividend-received deductions, and qualified dividend income pass throughs) in the Fund’s financial statements · Prepare federal, state and local (if any) income tax returns, including tax return extension requests, for signature by the Fund · Prepare shareholder year-end tax information, including 1099-misc · Calculate the amounts and characterizations of distributions declared during the calendar year for Form 1099/DIV reporting · Provide analysis and necessary adjustments based on passive foreign investment companies (“PFICs”) that have been identified by the Fund and communicated to the Administrator · Consult with the Fund’s Authorized Persons on their management and/or investment strategy regarding straddles identified by the Fund and communicated to the Administrator and provide necessary adjustments
TAX SUPPORT SERVICES. After the Closing Date at a cost equal to $75.00 per hour, plus out-of-pocket costs, Seller shall provide Purchaser with all tax support services substantially similar to those historically provided by Seller to the Subsidiaries prior to or on the Closing Date in connection with the preparation of the first federal and state income and franchise tax filings of Purchaser including the Subsidiaries with Purchaser's tax returns (or of the Subsidiaries individually (if certain tax filings are made at the subsidiary level)).
TAX SUPPORT SERVICES. Provide advisory services related to tax matters which may include benefits, compensation, pension, tax-exempt financings, arbitrage rebate calculations on tax-exempt bonds, or other issues.
TAX SUPPORT SERVICES i. Coordinate with independent auditors and Client’s tax service provider concerning the Client’s regular annual audit and semi-annual financial reporting cycles to ensure all tax related financial reporting data elements provided by Client and/or their tax service provider are incorporated into the statements.
ii. Prepare fund accounting system reports and ICI primary and secondary shareholder reporting files including fund information and book basis calendar distributions for use by the Client’s tax service provider in connection with the preparation of the Client’s tax returns, and yearend information reporting obligations.
iii. Perform required Tax Compliance Tests including RIC Qualification, Asset Diversification, Foreign Tax Credit Asset Diversification, and Gross Income tests on a quarterly basis. Schedule 2 to Services Agreement
iv. Prepare calculation of per share income and capital gain distribution rates and certificate of Treasurer (“COT”) and perform any recalculations or adjustments as instructed by Client.
v. Prepare calculation of income and capital gain distribution estimates incorporating book/tax adjustments as provided by Client and/or their tax service provider.
vi. Incorporate (as instructed) certain tax adjustments provided to Citi from client and/or their tax service provider into the accounting records and/or system as applicable to system functionality.
vii. Perform tax services in accordance with the Tax Process Inventory or guidelines and instructions as mutually agreed.
