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HOUSE_OVERSIGHT_024578.jpg
916 KB
Extraction Summary
3
People
3
Organizations
1
Locations
0
Events
2
Relationships
3
Quotes
Document Information
Type:
Legal/financial document (likely offering memorandum or partnership agreement)
File Size:
916 KB
Summary
This document appears to be page 145 of a legal or financial offering memorandum concerning an entity named 'KUE'. It details the tax filing requirements for U.S. investors (Limited Partners), specifically referencing IRS Forms 8865 and 5471 regarding foreign investments. The page concludes with a standard legal disclaimer advising investors to consult their own tax advisors.
People (3)
| Name | Role | Context |
|---|---|---|
| Limited Partners | Investor Type |
Individuals required to file specific IRS forms upon purchasing units.
|
| General Partner | Management Entity |
Entity in which investors might purchase shares.
|
| Tax Advisors | Professional Service |
Professionals that prospective purchasers are urged to consult.
|
Organizations (3)
| Name | Type | Context |
|---|---|---|
| IRS |
Internal Revenue Service, mentioned regarding tax forms 8865 and 5471.
|
|
| KUE |
Entity making non-U.S. investments. (Likely refers to an Epstein-associated entity).
|
|
| House Oversight Committee |
Source of the document via Bates stamp HOUSE_OVERSIGHT_024578.
|
Locations (1)
| Location | Context |
|---|---|
|
United States, referenced regarding tax jurisdiction and 'U.S. Persons'.
|
Relationships (2)
Discussion of filing requirements for investments KUE makes.
References investment in the General Partner and purchase of shares.
Key Quotes (3)
"Limited Partners who are U.S. Persons will be required to file an IRS Form 8865"Source
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Quote #1
"depending on the type of non-U.S. investments KUE makes, investors who are U.S. Persons may be required to file additional IRS Forms"Source
HOUSE_OVERSIGHT_024578.jpg
Quote #2
"This discussion of tax consequences and tax withholding is a general discussion and is not intended to be all inclusive nor a substitute for careful tax planning."Source
HOUSE_OVERSIGHT_024578.jpg
Quote #3
Full Extracted Text
Complete text extracted from the document (1,266 characters)
(d) specific information including the dates of acquisitions and transfers, means of acquisitions and transfers, and acquisition cost for purchases, as well as the amount of net proceeds from sales.
Filing Requirements. Limited Partners who are U.S. Persons will be required to file an IRS Form 8865 with the Partner’s U.S. Federal Income tax return for the taxable year in which the Limited Partner purchases the Common LP Units. Investors who are U.S. Persons may, depending upon the size of their investment in the General Partner, be required to file an IRS Form 5471 with the investor’s U.S. federal income tax return for the taxable year in which the investor purchases Common LP ordinary shares in the General Partner. Additionally, depending on the type of non-U.S. investments KUE makes, investors who are U.S. Persons may be required to file additional IRS Forms such as a Form 5471 in subsequent years.
This discussion of tax consequences and tax withholding is a general discussion and is not intended to be all inclusive nor a substitute for careful tax planning. Accordingly, each prospective purchaser of Common LP Units is urged to consult with their own tax advisors with specific reference to their own tax situation.
145
HOUSE_OVERSIGHT_024578
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