EFTA01084083Set 9
2007-10-0472p23,940w
capital. Thus far in this report, a fully
marketable, minority interest, "C" corporation ("C-Corp") equivalent value has been
derived. In this section of the report a specific pass-through ... lack of tax at the partnership level
is to, first, value it as a C-Corp and then make a separate, quantifiable pass-
through adjustment to derive fair market value ... This method starts with the tax
affecting of the Partnership's earnings at a C-Corp equivalent rate, which allows the
value derived from the income approach to be consistent
https://www.justice.gov/epstein/files/DataSet%209/EFTA01084083.pdf
EFTA01060827Set 9
2016-11-224p985w
management is keeping a close eye on all potential scenarios (carried interest tax rate, C-corp vs.
PTP with lower corp tax, and interest deductibility). While we are raising ... could
create an incentive for firms to shift from a partnership structure to a c-corp structure, which would
simplify the tax issues and entertain a larger investor base (including
https://www.justice.gov/epstein/files/DataSet%209/EFTA01060827.pdf
EFTA01082455Set 9
2009-05-2223p21,099w
JEEPERS - PLEASEAPFROVE Cliff, can we double hat their
guestimate k correct gwen the NYS C-corp? Front White, Nicole Sent: Friday, June 08, 2007 4:50 PM To: tee, David
https://www.justice.gov/epstein/files/DataSet%209/EFTA01082455.pdf