Reports and Tax Returns. A copy of the Company annual financial statement and report will be transmitted to the members within fifteen (15) days after completion or by March 1st following the end of the tax year, whichever is earlier. The Company will, within time required by law, file a federal income tax return and transmit to each member a schedule showing the member’s distributive share of the Company’s income, losses, deductions and credits. The Company will further provide to each member information regarding all state and local income tax returns.
Appears in 35 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
