The document discusses the tax implications for a Limited Partner in the Access Fund, including the treatment of start-up and organizational expenses, limitations on the deductibility of capital losses, and the tax treatment of investments. It covers the recognition of ordinary income from interest and fees, the treatment of gains or losses on debt investments, and the handling of original issue discount and market discount. The document also addresses contingent payment debt instruments and uncertainties in tax law related to debt restructuring.
doj/DataSet10/EFTA01390135.pdf
{"key_people":["Ian Slome"],"document_type":"financial","key_locations":["U.S."],"document_subtype":"tax document","key_organizations":["Access Fund"],"reference_numbers":["GLDUS138"]}