The document outlines the financial reporting and tax implications for Limited Partners of the Access Fund. It details the provision of audited financial statements, IRS Schedule K-1, and quarterly reports to Limited Partners. It also discusses the U.S. federal income tax treatment of the Access Fund as a partnership and the implications for U.S. Tax-Exempt Investors, including the potential receipt of Unrelated Business Taxable Income (UBTI). The document advises Non-U.S. Investors to consider the Offshore Access Fund instead.
doj/DataSet10/EFTA01391365.pdf
{"document_type":"financial","key_locations":["United States"],"document_subtype":"financial report","key_organizations":["BBR Partners","Access Fund","U.S. Internal Revenue Service"]}