EFTA01366587.pdf

Amendment #4 Page 158 of 868 1:01.7 of coldimt. income tat evens. Income tax benefit (expense) consists of national provincial state and local income taxes in our initial target markets and deterred income taxes and changes in related valuaten allowance reflecting the net tax effects of temporary dfferences between the carrying annuls of assets and habates for financial reporbrg purposes and the =ants used for income tax purposes Oa income lax balances are dearnrxd and reported using a 'separate return' method. Income taxes as presented herein allocate current and deferred income taxes of tlx: parent to us n a manner that is systematic, rational and consistent win the asset and liability method The sum d the anoints allocated to the Comppany s carve-oul lax provisions may net equal the hstoncal consolidated provison Under the separate return method. deferred tax assets art liabitil es are recognized for the Mae lax consequences attributable to difkrerres between the Immo, statement Carryirg amok:Vs of exist ng assets and abilities and treir respective tax bases and operating toss carry forwards 150 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058115 CONFIDENTIAL SDNY GM_00204299 EFTA01366587