EFTA00714431.pdf

From: Richard Joslin To: Jeffrey E. <[email protected]>, "Dlugash, Alan" • CC: Brad Wechsler < , John Castrucc Subject: RE: QEF planning Date: Tue, 13 Oct 2015 15:20:17 +0000 Attachments: QEF_DEFERRAL_PLANNING_V2.pdf Attached is updated schedule. No NYS tax deferral available (only Federal income tax can be deferred (excludes Medicare tax)) From: Richard Joslin Sent: Monday, October 12, 2015 4:05 PM To: 'Jeffrey E.' <Je • • •' gash, Alan' Cc: Brad Wechsle John Castrucci Subject: QEF planning I attach a schedule that approximates the tax deferral for Federal and the savings for NYS by making an election to defer tax on undistributed QEF earnings. I am awaiting to hear back from Deloitte and Apollo to confirm the amount of undistributed QEF earnings as of 12/31/2014 for the three PFIC's. I will keep you posted. EFTA00714431