This document provides a summary of the expected U.S. federal income tax treatment for the Access Fund and the Underlying Fund, which are anticipated to be treated as partnerships for tax purposes. It outlines potential tax consequences for limited partners, including the possibility of being taxed on income not distributed as cash. The document also discusses risks of the Funds being classified as corporations, which would result in different tax implications.
documents/vol00010-efta01355393-pdf.pdf
{"key_people":["Greg Martin"],"document_type":"financial","key_locations":["U.S."],"document_subtype":"tax summary","key_organizations":["Access Fund","Underlying Fund","IRS"],"reference_numbers":["GLDUS141","DB-SDNY-0040539","SDNY_GM_00186723","EFTA01355393"]}