{"component": "clause", "props": {"groups": [{"samples": [{"hash": "kBB2R5GjcsG", "uri": "/contracts/kBB2R5GjcsG#tax-services", "label": "Fund Administration and Accounting Agreement (21Shares Hyperliquid ETF)", "score": 37.2819976807, "published": true}, {"hash": "7SM5rx9lzQq", "uri": "/contracts/7SM5rx9lzQq#tax-services", "label": "Fund Administration and Accounting Agreement (21Shares Sui ETF)", "score": 37.0793991089, "published": true}, {"hash": "jhvZyvrGFbC", "uri": "/contracts/jhvZyvrGFbC#tax-services", "label": "Fund Administration and Accounting Agreement (21Shares Polkadot ETF)", "score": 37.0520210266, "published": true}], "snippet_links": [{"key": "bny-mellon", "type": "definition", "offset": [0, 10]}, {"key": "provide-the", "type": "clause", "offset": [17, 28]}, {"key": "services-for", "type": "clause", "offset": [43, 55]}, {"key": "the-trust", "type": "clause", "offset": [56, 65]}, {"key": "grantor-trust", "type": "clause", "offset": [84, 97]}, {"key": "tax-reporting", "type": "clause", "offset": [98, 111]}, {"key": "review-and-approval", "type": "clause", "offset": [134, 153]}], "snippet": "BNY Mellon shall provide the following tax services for the Trust: \u25cf Prepare annual grantor trust tax reporting statements for client review and approval.", "size": 25, "hash": "3ac313d0bc2641a5ed8f7da80d1b9898", "id": 5}, {"samples": [{"hash": "7KLxzB8rUPX", "uri": "/contracts/7KLxzB8rUPX#tax-services", "label": "Transfer Agency Agreement (Dreyfus Institutional Liquidity Funds)", "score": 28.9233398438, "published": true}, {"hash": "d6dUjLjRh8i", "uri": "/contracts/d6dUjLjRh8i#tax-services", "label": "Transfer Agency Agreement (BNY Mellon Absolute Insight Funds, Inc.)", "score": 26.8398361206, "published": true}, {"hash": "j71nH0wZNf2", "uri": "/contracts/j71nH0wZNf2#tax-services", "label": "Transfer Agency Agreement (Dreyfus BNY Mellon Funds, Inc.)", "score": 25.0574951172, "published": true}], "snippet_links": [{"key": "the-code", "type": "clause", 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1670]}, {"key": "payments-made", "type": "clause", "offset": [1692, 1705]}, {"key": "financial-institutions", "type": "definition", "offset": [1735, 1757]}, {"key": "foreign-entities", "type": "definition", "offset": [1776, 1792]}, {"key": "relating-to", "type": "definition", "offset": [1911, 1922]}], "snippet": "(i) Where required by the Code, withhold taxes (including backup withholding taxes) on U.S. residents and non-resident alien accounts, report such withheld taxes to relevant shareholders and the IRS and remit such withheld taxes to the IRS. Adjust non-resident alien withholding to reflect qualified interest income received by the Funds.\n(ii) Prepare and file IRS Form 1099 and other tax reporting forms required by the IRS with respect to dividends and distributions. Prepare and file any required state tax reporting with respect to dividends and distributions.\n(iii) Provide due diligence process for IRS Form W-9 and W-8 solicitations and encode shareholder records with properly returned information.\n(iv) Perform cost basis accounting accumulation and report the basis of redeemed Shares as required by the Code.\n(v) Retain tax reporting information from processed transactions in appropriate data files for preparation of IRS forms and information returns.\n(vi) Provide system and work stream to comply with the Foreign Account Tax Compliance Act (\"FATCA\"), including but not limited to:\n(A) During the account opening process, collect and store in an easily searchable and viewable file information required to comply with FATCA account classification requirements.\n(B) Initiate, monitor and maintain requests for FATCA documentation from account holders, including the ability to electronically record a review of FATCA documentary evidence (e.g., who reviewed, what was reviewed, when).\n(C) Monitor and report to the Funds changes to account holder information which impacts their FATCA classification.\n(D) In compliance with FATCA, withhold taxes at the rate required by FATCA on payments made to non-participating foreign financial institutions and non-financial foreign entities (\"NFFE\") and remit such withheld taxes to the IRS.\n(E) Prepare tax reporting forms required by FATCA, including those relating to US owners of NFFEs.", "size": 34, "hash": "b1999a4369f164f7addb195e80e0b3f5", "id": 1}, {"samples": [{"hash": "kix44opRNrX", "uri": "/contracts/kix44opRNrX#tax-services", "label": "Master Custodian Agreement (RiverNorth Short Prime Unicorn Fund 2028, Inc)", "score": 37.3805618286, "published": true}, {"hash": "4uxJKUJ13d", "uri": "/contracts/4uxJKUJ13d#tax-services", "label": "Master Custodian Agreement (Rivernorth Opportunities Fund, Inc.)", "score": 33.7830238342, "published": true}, {"hash": "j4zwSzsuoEL", "uri": 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{"key": "provide-to", "type": "clause", "offset": [567, 577]}, {"key": "such-information", "type": "definition", "offset": [588, 604]}, {"key": "received-by", "type": "definition", "offset": [614, 625]}, {"key": "reasonable-belief", "type": "clause", "offset": [671, 688]}, {"key": "sole-discretion", "type": "definition", "offset": [693, 708]}, {"key": "funds-in", "type": "definition", "offset": [728, 736]}, {"key": "submission-of", "type": "clause", "offset": [743, 756]}, {"key": "any-reports", "type": "clause", "offset": [757, 768]}, {"key": "servicing-responsibilities", "type": "clause", "offset": [818, 844]}, {"key": "liability-for", "type": "clause", "offset": [910, 923]}, {"key": "any-state", "type": "definition", "offset": [1077, 1086]}, {"key": "notify-the", "type": "clause", "offset": [1168, 1178]}, {"key": "the-obligations", "type": "clause", "offset": [1192, 1207]}, {"key": "political-subdivisions", "type": "definition", "offset": [1299, 1321]}, {"key": "withholding-and-other-taxes", "type": "clause", "offset": [1360, 1387]}, {"key": "governmental-charges", "type": "clause", "offset": [1410, 1430]}, {"key": "governmental-reporting", "type": "clause", "offset": [1451, 1473]}, {"key": "responsibility-of-the-custodian", "type": "clause", "offset": [1484, 1515]}, {"key": "with-regard-to", "type": "clause", "offset": [1516, 1530]}, {"key": "reasonable-efforts", "type": "clause", "offset": [1560, 1578]}, {"key": "assist-the", "type": "clause", "offset": [1582, 1592]}, {"key": "claim-for-exemption", "type": "definition", "offset": [1618, 1637]}, {"key": "information-and-documentation", "type": "clause", "offset": [1723, 1752]}, {"key": "tax-advice", "type": "clause", "offset": [1788, 1798]}, {"key": "understood-and-agreed-that", "type": "clause", "offset": [1819, 1845]}, {"key": "tax-advisor", "type": "definition", "offset": [1895, 1906]}, {"key": "tax-counsel", "type": "definition", "offset": [1910, 1921]}, {"key": "in-connection-with", "type": "clause", "offset": [1923, 1941]}, {"key": "the-provision-of-services", "type": "clause", "offset": [1942, 1967]}, {"key": "pursuant-to", "type": "definition", "offset": [1968, 1979]}, {"key": "section-6", "type": "definition", "offset": [1985, 1994]}, {"key": "without-liability", "type": "clause", "offset": [2052, 2069]}, {"key": "withholding-and-reporting-requirements", "type": "clause", "offset": [2118, 2156]}, {"key": "late-payment", "type": "definition", "offset": [2205, 2217]}, {"key": "other-expenses", "type": "clause", "offset": [2243, 2257]}, {"key": "the-assets", "type": "clause", "offset": [2345, 2355]}, {"key": "the-account", "type": "clause", "offset": [2490, 2501]}, {"key": "authority-having-jurisdiction", "type": "definition", "offset": [2579, 2608]}, {"key": "in-respect-of", "type": "definition", "offset": [2609, 2622]}, {"key": "to-disclose", "type": "definition", "offset": [2691, 2702]}, {"key": "information-required", "type": "clause", "offset": [2707, 2727]}, {"key": "in-relation-to", "type": "clause", "offset": [2776, 2790]}, {"key": "exemption-from", "type": "clause", "offset": [2816, 2830]}, {"key": "relating-to", "type": "definition", "offset": [2867, 2878]}, {"key": "portfolio-transactions", "type": "clause", "offset": [2879, 2901]}], "snippet": "Subject to and to the extent of receipt by the Custodian of relevant and necessary documentation and information with respect to the Funds and Portfolios that the Custodian has requested, the Custodian shall perform the following services: (i) file claims for exemptions, reductions in withholding taxes, or refunds of any tax with respect to withheld foreign (non-U.S.) taxes in instances in which such claims are appropriate; (ii) withhold appropriate amounts as required by U.S. tax laws with respect to amounts received on behalf of nonresident aliens; and (iii) provide to the Funds such information actually received by the Custodian that could, in the Custodian\u2019s reasonable belief and sole discretion, assist any of the Funds in their submission of any reports or returns with respect to taxes. Other than the servicing responsibilities identified herein, the Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on any Fund, the Portfolios or the Custodian as custodian of the Portfolios by the tax law of any country or of any state or political subdivision thereof. It shall be the responsibility of each Fund to notify the Custodian of the obligations imposed on such Fund or the Custodian as custodian by the tax law of countries, states and political subdivisions thereof, including responsibility for withholding and other taxes, assessments or other governmental charges, certifications and governmental reporting. The sole responsibility of the Custodian with regard to such tax law shall be to use reasonable efforts to assist the Fund with respect to any claim for exemption or refund under the tax law of countries for which such Fund has provided sufficient information and documentation. As the Custodian does not provide tax advice, it is specifically understood and agreed that the Custodian shall not be considered the Fund\u2019s tax advisor or tax counsel. In connection with the provision of services pursuant to this Section 6, the Custodian shall be kept indemnified by and shall be without liability to a Fund for any obligations, including taxes, withholding and reporting requirements, claims for exemption and refund, additions for late payment, interest, penalties and other expenses that may be assessed against the Fund, the Portfolios or the Custodian as custodian of the assets of such Fund or Portfolios. Each of the Funds agrees that the Custodian is authorized to deduct from any cash received or credited to the account of a Portfolio any taxes or levies required by any tax or other governmental authority having jurisdiction in respect of such Portfolio\u2019s transactions, and that the Custodian is authorized to disclose any information required by any such tax or other governmental authority in relation to processing any claim for exemption from or reduction or refund of any taxes relating to Portfolio transactions and holdings.", "size": 29, "hash": "27b41ce1b7439ce991941bc23ea63c7f", "id": 2}, {"samples": [{"hash": "kEOtRM3zYWe", "uri": "/contracts/kEOtRM3zYWe#tax-services", "label": "Fund Administration and Accounting Agreement (Alger Next Gen Growth Fund)", "score": 37.306640625, "published": true}, {"hash": "2GXSBVVQOTz", "uri": "/contracts/2GXSBVVQOTz#tax-services", "label": "Fund Administration and Accounting Agreement (WisdomTree Trust)", "score": 35.9842567444, "published": true}, {"hash": "b4RTOFxxkbo", "uri": "/contracts/b4RTOFxxkbo#tax-services", "label": "Fund Administration and Accounting Agreement (BNY Mellon ETF Trust II)", "score": 35.8035583496, "published": true}], "snippet_links": [{"key": "bny-mellon", "type": "definition", "offset": [0, 10]}, {"key": "provide-the", "type": "clause", "offset": [17, 28]}, {"key": "services-for", "type": "clause", "offset": [43, 55]}], "snippet": "BNY Mellon shall provide the following tax services for each Fund:", "size": 28, "hash": "2d4516df9f5b2ea8c1d26602b771de7d", "id": 3}, {"samples": [{"hash": "ccaYcBg1YBT", "uri": "/contracts/ccaYcBg1YBT#tax-services", "label": "Sub Administration Agreement (T. Rowe Price Exchange-Traded Funds, Inc.)", "score": 34.5619430542, "published": true}, {"hash": "jqHC6pcvYW4", "uri": "/contracts/jqHC6pcvYW4#tax-services", "label": "Sub Administration Agreement (T. Rowe Price Exchange-Traded Funds, Inc.)", "score": 34.3264884949, "published": true}, {"hash": "1MxnJKowN81", "uri": "/contracts/1MxnJKowN81#tax-services", "label": "Sub Administration Agreement (T. 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"/contracts/4JzpxzXqXeY#tax-services", "label": "Fund Services Agreement (OSI ETF Trust)", "score": 28.8234081268, "published": true}], "snippet_links": [{"key": "provide-the", "type": "clause", "offset": [15, 26]}, {"key": "of-the-customer", "type": "clause", "offset": [86, 101]}, {"key": "the-investment-adviser", "type": "clause", "offset": [103, 125]}, {"key": "the-funds", "type": "clause", "offset": [133, 142]}], "snippet": "\u2587. \u2587\u2587\u2587\u2587\u2587\u2587 will provide the following tax services, subject to the review and approval of the Customer, the Investment Adviser and/or the Funds\u2019 auditors.", "size": 19, "hash": "4a0913e5936b6cce2839cb648dafda2c", "id": 6}, {"samples": [{"hash": "i3QbEhkoGt2", "uri": "/contracts/i3QbEhkoGt2#tax-services", "label": "Fund Administration and Accounting Agreement (Oneamerica Funds Inc)", "score": 27.3052711487, "published": true}, {"hash": "96AyDuM1Tjl", "uri": "/contracts/96AyDuM1Tjl#tax-services", "label": "Fund 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"snippet": "BNY Mellon shall provide the following tax services for each Fund: \u00b7 Tax Provision Preparation \u00b7 Prepare fiscal year-end tax provision analysis; \u00b7 Process tax adjustments on securities identified by a Fund that require such treatment; \u00b7 Prepare ROCSOP adjusting entries; and \u00b7 Prepare financial statement footnote disclosures. \u00b7 Excise Tax Distributions Calculations \u00b7 Prepare calendar year tax distribution analysis; \u00b7 Process tax adjustments on securities identified by a Fund that require such treatment; and \u00b7 Prepare annual tax-based distribution estimate for each Fund.", "size": 19, "hash": "2126dccb16ca761e5cfa606db7bda952", "id": 7}, {"samples": [{"hash": "3r0PNAob64w", "uri": "/contracts/3r0PNAob64w#tax-services", "label": "Fund Administration and Accounting Agreement (Grayscale BNB ETF)", "score": 37.4188919067, "published": true}, {"hash": "4vkVS7rrATH", "uri": "/contracts/4vkVS7rrATH#tax-services", "label": "Fund Administration and Accounting Agreement (Grayscale HYPE ETF)", "score": 37.3860359192, "published": true}, {"hash": "jk7E33AD1AG", "uri": "/contracts/jk7E33AD1AG#tax-services", "label": "Fund Administration and Accounting Agreement (Grayscale Avalanche Trust (AVAX))", "score": 37.1642723083, "published": true}], "snippet_links": [{"key": "provide-the", "type": "clause", "offset": [10, 21]}, {"key": "services-for", "type": "clause", "offset": [36, 48]}, {"key": "the-trust", "type": "clause", "offset": [49, 58]}, {"key": "grantor-trust", "type": "clause", "offset": [77, 90]}, {"key": "tax-reporting", "type": "clause", "offset": [91, 104]}, {"key": "review-and-approval", "type": "clause", "offset": [127, 146]}, {"key": "dtc-participants", "type": "definition", "offset": [178, 194]}], "snippet": "BNY shall provide the following tax services for the Trust: \u2022 Prepare annual grantor trust tax reporting statements for client review and approval and deliver such statements to DTC participants upon finalization.", "size": 16, "hash": "ce113acfdf77210a4ee6220172afc78b", "id": 8}, {"samples": [{"hash": "46nIZjda3uG", "uri": "/contracts/46nIZjda3uG#tax-services", "label": "Fund Administration and Accounting Agreement (PowerShares Exchange-Traded Self-Indexed Fund Trust)", "score": 29.3723468781, "published": true}, {"hash": "jjy3DLmR80N", "uri": "/contracts/jjy3DLmR80N#tax-services", "label": "Fund Administration and Accounting Agreement (PowerShares Exchange-Traded Self-Indexed Fund Trust)", "score": 29.2409305573, "published": true}, {"hash": "fTbdoXcgU8c", "uri": "/contracts/fTbdoXcgU8c#tax-services", "label": "Fund Administration and Accounting Agreement (PowerShares India Exchange-Traded Fund Trust)", "score": 29.1587944031, "published": true}], "snippet_links": [{"key": "execution-and-filing", "type": "clause", "offset": [48, 68]}, {"key": "tax-returns", "type": "definition", "offset": [110, 121]}], "snippet": "Prepare workpapers and supporting schedules for 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{"key": "policies-and-procedures", "type": "clause", "offset": [1983, 2006]}, {"key": "compliance-work", "type": "definition", "offset": [2029, 2044]}, {"key": "consistently-applied", "type": "definition", "offset": [2110, 2130]}, {"key": "and-documentation", "type": "clause", "offset": [2132, 2149]}, {"key": "statutory-authorities", "type": "clause", "offset": [2192, 2213]}, {"key": "tax-opinions", "type": "definition", "offset": [2224, 2236]}, {"key": "prepared-by", "type": "definition", "offset": [2257, 2268]}, {"key": "tax-counsel", "type": "definition", "offset": [2269, 2280]}, {"key": "mutual-fund", "type": "definition", "offset": [2326, 2337]}, {"key": "industry-practices", "type": "definition", "offset": [2338, 2356]}, {"key": "to-the-extent", "type": "clause", "offset": [2358, 2371]}, {"key": "delivery-of-a", "type": "clause", "offset": [2455, 2468]}, {"key": "report-to", "type": "definition", "offset": [2477, 2486]}, {"key": "applicable-fund", "type": "definition", "offset": [2491, 2506]}, {"key": "uncertain-tax-positions-services", "type": "clause", "offset": [2577, 2609]}, {"key": "assessment-of-risk", "type": "definition", "offset": [2615, 2633]}, {"key": "the-internal-revenue-service", "type": "definition", "offset": [2654, 2682]}, {"key": "taxing-authority", "type": "clause", "offset": [2692, 2708]}, {"key": "without-limitation", "type": "clause", "offset": [2746, 2764]}, {"key": "more-likely-than-not", "type": "definition", "offset": [2781, 2801]}, {"key": "calculation-of", "type": "definition", "offset": [2847, 2861]}, {"key": "tax-benefit", "type": "clause", "offset": [2866, 2877]}, {"key": "tax-advice", "type": "clause", "offset": [3020, 3030]}], "snippet": "BNY Mellon shall provide the following tax services for each Fund: \u2022 Tax Provision Preparation \u2022 Prepare fiscal year-end tax provision analysis; \u2022 Process tax adjustments on securities identified by a Fund that require such treatment; \u2022 Prepare ROCSOP adjusting entries; and \u2022 Prepare financial statement footnote disclosures. \u2022 BNY Mellon is not responsible for the identification of securities requiring U.S. tax treatment that differs from treatment under U.S. generally accepted accounting principles; this responsibility resides with the Fund or Fund\u2019s management. BNY Mellon is responsible for processing such identified securities, in accordance with U.S. tax laws and regulations. \u2022 Excise Tax Distributions Calculations \u2022 Prepare calendar year tax distribution analysis; \u2022 Process tax adjustments on securities identified by a Fund that require such treatment; and \u2022 Prepare annual tax-based distribution estimate for each Fund. \u2022 BNY Mellon is not responsible for the identification of securities requiring U.S. tax treatment that differs from treatment under U.S. generally accepted accounting principles; this responsibility resides with the Fund or Fund\u2019s management. BNY Mellon is responsible for processing such identified securities, in accordance with U.S. tax laws and regulations. \u2022 Other Tax Services \u2022 Prepare for execution and filing, the federal and state income and excise tax returns; \u2022 Prepare year-end Investment Company Institute broker/dealer reporting and prepare fund distribution calculations disseminated to broker/dealers; and \u2022 Coordinate U.S.C. Title 26 Internal Revenue Code (\u201cIRC\u201d) \u00a7855 and excise tax distribution requirements. \u2022 Uncertain Tax Positions \u2022 Documentation of all material tax positions taken by a Fund with respect to specified fiscal years and identified to BNY Mellon (\u201cTax Positions\u201d); \u2022 Review of a Fund\u2019s: (i) tax provision work papers, (ii) excise tax distribution work papers, (iii) income and excise tax returns, (iv) tax policies and procedures, and (v) Subchapter M compliance work papers; \u2022 Determine as to whether or not Tax Positions have been consistently applied, and documentation of any inconsistencies; \u2022 Review relevant statutory authorities; \u2022 Review tax opinions and legal memoranda prepared by tax counsel or tax auditors to a Fund; \u2022 Review standard mutual fund industry practices, to the extent such practices are known to, or may reasonably be determined by, BNY Mellon; and \u2022 Delivery of a written report to the applicable Fund detailing such items. \u2022 The following are expressly excluded from the Uncertain Tax Positions services: (i) assessment of risk of any challenge by the Internal Revenue Service or other taxing authority against any Tax Position (including, without limitation, whether it is \u201cmore likely than not\u201d such Tax Position would be sustained); (ii) calculation of any tax benefit measurement, in whole or in part, that may be required if any \u201cmore likely than not\u201d threshold has not been met; and (iii) any tax opinion or tax advice. Additionally, none of the Uncertain Tax Positions services shall be deemed to be or constitute a tax opinion or tax advice.", "size": 14, "hash": "14d66088602173523b40fe352cc19a4e", "id": 10}], "next_curs": "ClUST2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjELEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhV0YXgtc2VydmljZXMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Tax Services", "children": [["tax-relief", "TAX RELIEF"], ["tax-responsibility", "TAX RESPONSIBILITY"], ["fund-information", "FUND INFORMATION"], ["general", "General"], ["authorizations", "Authorizations"]], "parents": [["services", "Services"], ["miscellaneous", "Miscellaneous"], ["preparation-and-filing-of-tax-returns", "Preparation and Filing of Tax Returns"], ["counterparts", "Counterparts"], ["transfer-agent-registrar-dividend-disbursing-and-shareholder-servicing", "Transfer Agent, Registrar, Dividend Disbursing, and Shareholder Servicing"]], "size": 696, "id": "tax-services", "related": [["tax-support-services", "TAX SUPPORT SERVICES", "TAX SUPPORT SERVICES"], ["tax-service-contract", "Tax Service Contract", "Tax Service Contract"], ["hospice-services", "Hospice Services", "Hospice Services"], ["outside-services", "Outside Services", "Outside Services"], ["transitional-services", "Transitional Services", "Transitional Services"]], "related_snippets": [], "updated": "2026-07-04T05:45:54+00:00", "also_ask": ["What key limitations or carve-outs should be negotiated to limit liability in Tax Services clauses?", "Which must-have representations and warranties are essential for both parties in Tax Services agreements?", "What are the most common fatal flaws or ambiguities in Tax Services clauses that courts have found unenforceable?", "How do Tax Services clauses differ across jurisdictions or compared to other professional services clauses?", "What enforceability challenges have arisen in court regarding scope of work or reliance in Tax Services provisions?"], "drafting_tip": "Specify the types of tax services covered to prevent misunderstandings; define responsibilities for compliance to allocate risk; clarify reporting obligations to ensure regulatory adherence.", "explanation": "The Tax Services clause defines the scope and terms under which tax-related services will be provided by one party to another. It typically outlines the specific types of tax services included, such as tax return preparation, tax planning, or representation before tax authorities, and may specify any limitations or exclusions. This clause ensures both parties have a clear understanding of the tax services to be delivered, helping to prevent misunderstandings and disputes regarding the provider's responsibilities."}, "json": true, "cursor": ""}}