EFTA02575671.pdf

From: Alan S Halperin Sent: Sunday, September 22, 2013 12:05 PM To: Jeffrey Epstein; Ada Clapp Subject: Re: If your theory were correct, then no transaction betwee==a grantor and his grantor trust would be subject to sales tax. But we know==hat this is not correct. NY has ruled that, if there is consideration, =here is a tax even if the trust is a grantor =rust. IRS Circular 230 =isclosure: To ensure compliance with requirements imposed by the IRS, w==inform you that any U.S. federal tax advice contained in this communicatio==(including any attachments) is not intended or written to be used, and =annot be used, for the purpose of (i) avoiding penalties under the Interna==Revenue Code or (ii) promoting, marketing or recommending to another party==ny transaction or matter addressed herein. Alan S. Halperin I =artner Paul, Weiss, Rifkind, Wharton & Garrison LLP 1285 Avenue =f the Americas I New York, NY 10019-6064 (Direct Phone) == (Direct Fax) I =ww.paulweiss.com From:==/b>"Jeffrey Epstein" [email protected]) Sent: =/b>09/22/2013 07:26 AM AST To: Alan Halperin; "Ada =lapp" my argument is that leon is owner for fed income tax =urposed of the promissory note, he owns the =onsideration. and substituties the art. It cannot be =ecognized for sales taz as he owns the same consideration before and =fter. its not that there is no consideration it is==he ownsership of that consideration did not change. The =nformation contained in this communication is confidential, may be =ttorney-client privileged, may constitute inside information, and is =ntended only for the use of the addressee. It is the property of Jeffrey Epstein =br>Unauthorized use, disclosure or copying of this communication or any==art thereof is strictly prohibited and may be unlawful. If you have =eceived this communication in error, please notify us immediately by return e-mail or==y e-mail to [email protected] <mailto:[email protected]> , and destroy this =ommunication and all copies thereof, including all attachments. copyright -all rights =eserved This message is intended only for the use of the Addressee and==ay contain information that is privileged and confidential. If you are no==the intended recipient, you are hereby notified that any dissemination of =his EFTA_R1_01747124 EFTA02575671 communication is strictly prohibited. If you have received this =ommunication in error, please erase all copies of the message and its =ttachments and notify us immediately. 2 EFTA_R1_01747125 EFTA02575672