IRS Compliance a. Monitor the Trust’s status as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”), including without limitation, review of the following:
(i) Asset diversification requirements.
(ii) Qualifying income requirements.
(iii) Distribution requirements.
b. Calculate required distributions (including excise tax distributions).
IRS Compliance a. Monitor the Fund’s status as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”), including without limitation, review of the following:
(i) Diversification requirements on a quarterly basis.
(ii) Qualifying income requirements.
(iii) Distribution requirements.
b. Calculate required annual excise distribution amounts for the review and approval of Fund management and/or its independent accountant.
IRS Compliance a. Monitor Company's status as a regulated investment company under Subchapter M through review of the following:
1) Asset diversification requirements 2) Qualifying income requirements 3) Distribution requirements
b. Calculate required distributions (including excise tax distributions)
IRS Compliance. This Fund and this Agreement shall comply with and be restricted by the Code and Treasury Regulations applicable to the Fund. This Agreement may be amended to comply with the provisions of the Code.
IRS Compliance a. Monitor the Funds' status as a regulated investment company under Subchapter M, including without limitation, review of the following:
(i) Asset diversification requirements.
(ii) Qualifying income requirements.
(iii) Distribution requirements.
b. Calculate required distributions (including excise tax distributions).
IRS Compliance a. Monitor the Company’s status as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”), including without limitation, review of the following:
(i) Diversification requirements on a quarterly basis.
(ii) Qualifying income requirements.
(iii) Distribution requirements.
b. Calculate required annual excise distribution amounts for the review and approval of Company management and/or its independent accountant.
IRS Compliance a. Monitor the Fund’s status as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”), including review of the following:
(i) Asset diversification requirements.
(ii) Qualifying income requirements.
(iii) Distribution requirements.
b. Calculate required distributions (including excise tax distributions).
c. Provide documentation of applicable annual updates of tax technical information impacting required FIN 48 Financial Statement footnote disclosure in Annual and Semi-Annual Reports, and discuss any applicable changes/updates to FIN 48 reporting requirements when requested.
d. Review all applicable documentation to ensure that all compliance requirements are met with respect to FIN 48 reporting disclosures made on behalf of the Fund.
IRS Compliance. The Pension, Health & Welfare, Annuity, and Vacation Plans adopted by the Trustees shall comply with the requirements of the Internal Revenue Code so as to enable Employer to treat contributions to the National Pension Fund, the Welfare Fund, and the Annuity Fund, as a deduction for income tax purposes. DocuSign Envelope ID: 014F61C7-D3D0-433B-BB57-FEDBF4F4957F
IRS Compliance a. Monitor the Fund’s status as a regulated investment company under Subchapter M, including without limitation, review of the following:
(i) Asset diversification requirements.
(ii) Qualifying income requirements.
(iii) Distribution requirements.
b. Calculate required distributions (including excise tax distributions).
IRS Compliance a. Monitor the Company's status as a C corporation.
b. Calculate required distributions (including excise tax distributions, if any).
