Audit Activity. Each of Alloy and ▇▇▇▇▇*s will coordinate its respective efforts with respect to audits of any Pre-Distribution Taxable Period and any Straddle Period and will furnish the other with all necessary workpapers and records to respond to audit inquiries. Alloy will be responsible as agent for the Alloy Consolidated Group for responding to information requests from the IRS agents assigned to such audits. ▇▇▇▇▇*s will be responsible for responding to information requests from the IRS regarding issues primarily affecting Tax Liabilities of the ▇▇▇▇▇*s Group, but will act through Alloy rather than directly contacting the IRS.
Appears in 2 contracts
Sources: Tax Separation Agreement (dELiAs, Inc.), Tax Separation Agreement (dELiAs, Inc.)