TAX RISKS. 18 Material Tax Risks Associated With Investment In Units...................... 18 Risks Associated With Partnership Status For Federal Income Tax Purposes.................................................................... 18 Risks Associated With Characterization Of Partnership Income As Portfolio Income...................................................................... 18 Risks Of Partnership Characterization As A Publicly Traded Partnership...... 19
TAX RISKS. Before entering into any transactions you should understand the tax implications of doing so, e.g. income tax. Different derivatives transactions may have different tax implications. The tax implications of transactions are dependent upon the nature of your business activities and the transactions in question. You should, therefore, consult your tax adviser to understand the relevant tax considerations.
TAX RISKS. An investment in the Shares may involve material and substantial tax consequences to Purchaser. Purchaser is urged to consult with tax counsel and/or a tax accountant or Purchaser's own choice concerning the tax consequences particular to Purchaser which may arise from subscribing to, holding and/or disposing of the Shares.
TAX RISKS. K. The bankruptcy of any company issuing the purchased security and as a result writing off its listing and writing it off from its account;
TAX RISKS. See Section 11 (Federal Tax Aspects).
TAX RISKS. Before entering into any NID/FRNID, you should understand the tax implications of doing so. Different NID/FRNIDs may have different tax implications and the tax implications may be dependent on your business activities and the transaction in question. You should consult your tax adviser to understand the tax implications.
TAX RISKS. The determination as to whether 409A Options were granted at a discount for purposes of Section 409A is not completely certain. As part of our review of our historical option grant practices and related accounting and our subsequent restatement of certain of our financial statements, it has been determined that the 409A Options have a different “measurement date” for financial accounting purposes than the stated “grant date.” We generally have set the exercise price for our stock options equal to the Fair Market Value of our common stock on the “grant date.” Therefore, as the Fair Market Value on the “measurement date” exceeds the Fair Market Value on the “grant date” in the case of each 409A Option, the 409A Options were deemed to have been granted at a discount from the Fair Market Value on the measurement date. The definition of “measurement date” for accounting purposes is somewhat different from the definition of “grant date” for tax purposes, but these two terms are not substantially different. It is not clear based on the currently available guidance under the Code whether the IRS will determine that the “grant date” (for tax purposes, including for purposes of determining compliance with Section 409A) must be the same as the “measurement date” (for accounting purposes). Even if you accept the Offer and receive cash for your 409A Options, the tax treatment of this payment is not completely certain, and you may still be required to pay 20% federal tax on the payment under Section 409A. Because each 409A Option was issued with an exercise price that is or may be lower than the Fair Market Value of the underlying shares on the date of grant as determined for tax purposes, such options may be subject to adverse personal taxation under Section 409A. Section 409A generally provides that you will recognize taxable income at the time a discounted stock option is no longer subject to a substantial risk of forfeiture (for example, when such option vests) and that you will recognize additional taxable income each year until the discounted option is exercised. Such income would be taxable at ordinary income rates and will also be subject to a 20% federal tax, and possibly additional taxes in the nature of interest, in addition to the usual applicable withholding and employment taxes. We believe that we have complied in good faith with the guidance issued to date by the IRS with respect to offering to amend and then cancel the 409A Options to avoid or minimize t...
TAX RISKS. Daimler AG and its subsidiaries operate in many countries worldwide and are therefore subject to numerous different statutory provisions and tax audits. Any changes in legislation and jurisdiction, as well as different interpretations of the law by the fiscal authorities – especially in the field of crossborder transactions, may be subject to considerable uncertainty. It is therefore possible that the provisions recognized will not be sufficient, which could have negative effects on the Group's net profit and cash flows.
TAX RISKS. You understand we are not tax experts. If you need such advice, ask a tax advisor. Nothing in this Agreement or any other document received from Xantos Labs shall be construed as providing any legal, accounting, estate, actuary, or tax advice. Client agrees to review publicly available information regarding the securities and the brokerage statements, transaction confirmations, and tax reporting forms provided by the Custodian for tax-related information. Each Client must rely upon its own representatives, including its own legal counsel and accountant, as to legal, tax, and related matters concerning any assets in the Account or any Account transactions and for preparation of any legal, accounting, or tax documents. The taxation of securities transactions is extremely complex and no attempt is made herein to fully describe the various tax rules that apply to such transactions or to explain in complete detail the rules which are mentioned. However, some general points may be noted. Any sales, exchanges, or dispositions of securities may have U.S. federal, state, local, and non-U.S. income tax consequences for Client and may result in Client having to pay additional income taxes. An ETF may take many forms for U.S. federal income tax purposes, including a grantor trust, regulated investment company, or real estate investment trust, each of which has special tax considerations for U.S. taxable, tax- exempt, and non-U.S. investors. An investment in non-U.S. security, such as a non-U.S. ETF may have adverse tax consequences for certain U.S. Clients. For example, a non-U.S. ETF may constitute a “passive foreign investment company” and there is no assurance that Clients would be able to make a “qualified electing fund” election. Non-U.S. Clients may be subject to withholding tax on certain U.S. source payments received with respect to securities held in their Account. Clients may have a variety of tax reporting obligations with respect to certain securities, including the filing of a FinCEN Form 114 and/or Internal Revenue Service Form 8621, among other filing and reporting obligations. It is possible that in certain circumstances Clients may incur taxable income on their investments without a cash distribution to pay the tax due. Each Client should confer with their personal tax advisor regarding the tax consequences of investing with Xantos Labs based on their particular circumstances. Client and Client’s tax advisors are responsible for how the transactions i...
TAX RISKS. Nothing in this Agreement or any other document received from Wahed shall be construed as providing any legal, accounting, estate, actuary, or tax advice. Client agrees to review publicly available information regarding the securities and the brokerage statements, transaction confirmations and tax reporting forms provided by the Custodian for tax- related information. Each Client must rely upon its own representatives, including its own legal counsel and accountant, as to legal, tax and related matters concerning any assets in the Account or any Account transactions and for preparation of any legal, accounting or tax documents. The taxation of securities transactions is extremely complex and no attempt is made herein to fully describe the various tax rules that apply to such transactions or to explain in complete detail the rules which are mentioned. However, some general points may be noted. Any sales, exchanges or dispositions of securities may have U.S. federal, state, local and non-U.S. income tax consequences for Client and may result in Client having to pay additional income taxes. An ETF may take many forms for U.S. federal income tax purposes, including a grantor trust, regulated investment company, or real estate investment trust, each of which has special tax considerations for U.S. taxable, tax- exempt and non-U.S. investors. An investment in a non-U.S. security, such a non-U.S. ETF, may have adverse tax consequences for certain U.S. Clients. For example, a non- U.S. ETF may constitute a “passive foreign investment company” and there is no assurance that Clients would be able to make a “qualified electing fund” election. Non- U.S. Clients may be subject to withholding tax on certain U.S. source payments received with respect to securities held in their Account. Clients may have a variety of tax reporting obligations with respect to certain securities, including the filing of a FinCEN Form 114 and/or Internal Revenue Service Form 8621, among other filing and reporting obligations. It is possible that in certain circumstances Client may incur taxable income on their investments without a cash distribution to pay the tax due. Each Client should confer with their personal tax advisor regarding the tax consequences of investing with Wahed based on their particular circumstances. Client and Client’s tax advisors are responsible for how the transactions in Client’s Account are reported to the Internal Revenue Service or any other taxing authority. Wahed as...
