Common use of Federal Income Tax Reporting Clause in Contracts

Federal Income Tax Reporting. At all times when there is only one Member, all items of income, gain, loss, deduction and credit of the Company shall be reported on the Member’s federal income tax return.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Wcof, LLC), Limited Liability Company Agreement (Wcof, LLC), Limited Liability Company Agreement (Wcof, LLC)

AutoNDA by SimpleDocs

Federal Income Tax Reporting. At all times when there is during which the Company has only one Member, all items of income, gain, loss, deduction and credit of the Company shall be reported on the Member’s federal income tax return.

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.