TAX SUPPORT SERVICES. BNY Mellon shall provide the following tax support services for each Fund: ■ Provide various data and reports as agreed upon in the SLDs to support TRP’s tax reporting and tax filing obligations, including: ● QDI reporting; ● DRD reporting; ● PFIC analysis; ● Straddle analysis; ● Paydown adjustments; ● Equalization debit adjustments ● Tax compliance under §851, §817(h); ● Foreign bond sale analysis (§988); ● Troubled debt analysis; ● Estimation of income for excise tax purposes; ● Swap analysis; ● Inflation adjustments; ● §1256 adjustments; ● Market discount analysis; ● OID adjustments; ● CPDI analysis; ● Shareholder tax reporting information (e.g. FTC, UGG income, foreign source income by country, exempt income by state); ■ Provide data, and reports based on such data, maintained by BNY Mellon on its fund accounting platform as reasonably requested by TRP to support TRP’s obligations to comply with requests from tax authorities and TRP’s tax reporting and tax filing obligations. ■ Assist with other tax-related data needs as mutually agreed upon in writing from time-to-time. BNY Mellon shall provide the following tax support services solely to the Funds indicated in Amended Exhibit A: ■ Wash Sales ● Provide various data and reports as agreed upon in the SLDs to support TRP’s tax reporting and tax filing obligations. ■ Tax Efficiency Services ● Provide tax efficient automated tax lot relief functionality within the BNY Mellon accounting system that incorporates wash sale activity and applies the tax lot relief methodology as instructed by TRP and/or the applicable Fund for optimization.2
Appears in 76 contracts
Sources: Fund Accounting Agreement (T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.), Fund Accounting Agreement (T. Rowe Price Fixed Income Series, Inc.), Fund Accounting Agreement (T. Rowe Price Tax-Free High Yield Fund, Inc.)