EFTA02489708.pdf

From: Brad Wechsler Sent: Tuesday, August 25, 2015 10:18 PM To: Jeffrey Epstein Subject: Re: Boat Yes Sent from my Verizon Wireless BlackBerry From: jeffrey E. <[email protected]> Date: Tue, 25 Aug 2015 17:55:29 -0400 To: Brad Wechsle Subject: Re: Boat Be10? On Tuesday, August 25, 2015, Brad Wechsler wrote: Jeffrey, Just to be clear: 1. The boat is owned by a foreign corporation. 2. The boat is currently treated as a partnership for US tax purposes. 3. We intend to change that status to a foreign corporation for US tax purposes. 4. This will enable us to deduct our capital loss on sale. 5. As per Rich J, we will file the following election and disclosure forms: 8832 and 926 (reflecting our conversion for tax purposes from a partnership to a foreign corporation) and, then, until sale of boat, 926 and 5471 (which is an information return for US persons with respect to certain foreign corporations). 6. If there are issues to discuss, particularly with respect to the 2014 taxes and the 14-day issue, let's do it quickly with Rich Joslin, Rick Bronstein and Glenn Stankee (maritime tax). EFTA_R1_01610364 EFTA02489708  please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 2 EFTA_R1_01610365 EFTA02489709