Information for Shareholders. (a) Ensign shall provide each shareholder that receives PropCo stock pursuant to the Distribution with the information necessary for such shareholder to comply with the requirements of Section 355 of the Code and the Treasury Regulations thereunder with respect to statements that such shareholders must file with their federal income Tax Returns demonstrating the applicability of Section 355 of the Code to the Distribution. (b) Ensign shall make available on its website the information required by Section 6045B of the Code with respect to the effect of the Distribution on the basis of Ensign and PropCo stock in the hands of a U.S. taxpayer.
Appears in 2 contracts
Sources: Tax Matters Agreement (CareTrust REIT, Inc.), Tax Matters Agreement (CareTrust REIT, Inc.)