Books and Records Accounting Tax Matters. 10.1 Books and Records
10.2 Custody of Partnership Funds; Bank Accounts
10.3 Fiscal and Taxable Year
10.4 Annual Tax Information and Report
10.5 Tax Matters Partner; Tax Elections; Special Basis Adjustments
10.6 Reports to Limited Partners 10.7 Safe Harbor Election
Books and Records Accounting Tax Matters. 10.1 Books and Records. At all times during the continuance of the Partnership, the Partners shall keep or cause to be kept at the Partnership’s specified office true and complete books of account in accordance with generally accepted accounting principles, including: (a) a current list of the full name and last known business address of each Partner, (b) a copy of the Certificate of Limited Partnership and all Certificates of amendment thereto, (c) copies of the Partnership’s federal, state and local income tax returns and reports, (d) copies of this Agreement and amendments thereto and any financial statements of the Partnership for the three most recent years and (e) all documents and information required under the Act. Any Partner or its duly authorized representative, upon paying the costs of collection, duplication and mailing, shall be entitled to inspect or copy such records during ordinary business hours.
Books and Records Accounting Tax Matters. Describes general and administrative items and procedural aspects of handling certain of those items.
Books and Records Accounting Tax Matters
