⚡IMPACT LEVEL 3 — NOTEWORTHY
Epstein File EFTA00808277: Holder, Peter Thiel and Large_file_5mb_plus (DS9)
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This document discusses partnership assets and DOL (Department of Labor) regulations regarding plan assets. The excerpt references counsel's opinion on whether partnership assets qualify as 'plan assets' under DOL regulations.
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Excerpt 1
assets, or any portion thereof, being considered, in the
opinion of counsel for the Partnership, as "plan assets" within the meaning of the DOL Regulations the Limited Partner, the
Partnership, the Ge
Excerpt 2
The Adjusted **Asset** Value with respect to any **asset** shall be the
asset's adjusted basis for federal income tax purposes, except as follows:
(a)
The initial
Excerpt 3
Adjusted **Asset** Value of any **asset** contributed by a Partner to the
Partnership shall be the gross fair market value of such **asset** at the time of contribution
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