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Common use of Tax Status and Returns Clause in Contracts

Tax Status and Returns. The Company will be taxed as a corporation for federal and state income tax purposes.

Appears in 2 contracts

Sources: Operating Agreement (Shasta Power Fund II, LLC), Operating Agreement (Shasta Power Fund II, LLC)

Related Clauses

  • Taxes and Returns
  • Income Tax Returns
  • Franchise Tax Status
  • Company Tax Returns
  • Income Tax Return Information

Parent Clauses

  • Allocation of Profits and Losses Tax and Accounting Matters
  • Allocation of Profits and Losses Distributions Tax and Accounting Matters
  • Tax Matters
  • Allocations Distributions Accounting and Tax Matters
  • Allocation of Profits and Losses

Sub-Clauses

  • Resignation
  • Costs, Expenses and Professional Fees
  • Revocation of Designation
  • Standard of Care
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