Epstein Index›Documents›EFTA01084507
⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01084507: Thomas, Charles and Burgess Owens (DS9)

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A legal document defining 'Asset Value' for tax and accounting purposes, providing detailed guidelines for calculating and adjusting asset values. The text outlines methods for determining initial and subsequent asset valuations.

📋 Key Excerpts15

PersonKeyword
Excerpt 1
"Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows: (i) the initial Asset Value
Excerpt 2
of any asset (other than money) contributed by a Member to the Company shall be the gross fair market value of such asset as reasonably determined by
Excerpt 3
If the Asset Value of an asset has been determined or adjusted pursuant to subparagraph (i) or (ii), such Asset Value shall thereafter be adjusted by the

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