Epstein File EFTA01386598: Holder, Fifteen and Treat (DS10)

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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01386598: Holder, Fifteen and Treat (DS10)

Financial RecordDate unavailableEFTA013865981 keyword hits

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This document is a financial or tax document describing the Access Fund's treatment of various investments and obligations. It specifies that start-up and organizational expenses are amortized over a fifteen-year period for U.S. federal income tax purposes, and discusses how gains or losses on debt investments and loans are characterized depending on the holder's circumstances and elections regarding market discount inclusion. The document addresses tax treatment rather than specific transactions.

👤 Named in This Document

Eric Holder

🔑 Evidence Keywords

fifteen treat

📋 Key Excerpts5

PersonKeyword

Excerpt 1

Start-up and organizational expenses are generally amortized for U.S. federal income tax purposes over a **fifteen** (15) year period.

Excerpt 2

Upon disposition of such an obligation, the Access Fund generally would be required to **treat** gain recognized as ordinary income to the extent of the market

Excerpt 3

Any gain or loss realized on the disposition of debt investments may, depending upon the circumstances of the **holder** at the time of any such sale, be treated