EFTA02655262

From: jeffrey E. <jeevacation@gmail.com> Sent: Monday, April 3, 2017 4:49 PM To: Leon Black Subject: Fwd: who is mkaing these decisions Forwarded messa e From: «mailto > > Date: Mon, Apr 3, 2017 at 5:08 PM =ubject: Re: To: Jeffrey Epstein <jeevacation@gmail.com <mailto:jeevacation@gmail=com», Leon Black < <mailto > > Cc: Barry Cohen < Jeffrey-let me give you various updates. Important to note, however, tha= while I'm firmly in the loop on taxes, barry is quarterbacking (super=ising joslin and tom) on our various 2017 filings, including for tax year =016. I've copied barry who should comment or augment. 1. CF-Idb to =eview on his return to NY tomorrow. 2. Estimated tax payments-we are ge=ting final updated info from apollo wednesday with respect to 2016 and mos= recent 2017 projections. (Yes, this is really late but we don't contr=l it.) Unless something changes we will be using 110% safe harbor for stat= and federal 2017 estimates. Current estimates--subject to adjustment--is =10% of 28 federal and 110% of 18 NYS. 3. Gift tax returns- Tom believes=he is done (w/your review) and is ready to file 4/18. 4. Income deferra=s from to 2017 to 2018.... We should discuss. 5. Boat-now structured s= held by a foreign corporation. Capital losses available on sale. 6. Pl=ne-on extension; R1 has book financials. 7. Art partnership is active b=t it is a disregarded entity for tax purposes. 8. Financial statement f=r UST -joe is working on now. We usually submit in may; this year will be =n april. 9. Next tra payment to be r'cd between april 7 and 10 unle=s apollo informs us otherwise. I don't know character of income. Weadt=9;II ask RJ. 10. Fbars-under extension; we've filed in june last co=ple of years; same plan this year. Ldb shld not have 2016 phaidon related =ccts (bjw will). 11. Gaming commission-as usual will coordinate with ak=n; next filing due in june. 12. Facta-will get filed with 10/15 tax ret=rns. 13. Phaidon structure-trusts and jmwt Ilc (all U.S.) own phaidon =lobal (U.S.). Phaidon Global owns 49% of Phaidon LLc U.S.). Phaidon LLc =wns jmwt limited (british) which in turn owns phaidon press (uk operating =o). Let's discuss as necessary. Barry, feel free to augment. B =ent from my Verizon Wireless BlackBerry From: "=effrey E." <jeevacation@gmail.com <mailto:jeevacation@gmail.com» Date: Mon, 3 Apr 2017 11:46:09 +0200 To: B=echsler@imax.com <mailto »; Leon Black< <mailto:black@apollolp.c=m» Subject: =/div> EFTA_R1_01900266 EFTA02655262 cash flow? es=imated tax payments. ? review of april 15? g=ft tax filing./ , brad- it might=be helpful to calculate total investment in publishing. . =AO more likely that this years rates will remain, but next ye=rs change. strrategy of deferrals. ? boat lo=s? plane loss? on sale ? art partnership? (active ?) =AO financial statement for bank.? date of tra payment?=C2 its character ie ord capital - future asset =ales or transfer? fbars? gaming commission . repor= .? fatca reporting. phaidon structure re foregn ? =br> =please note The information contained in this communication is =onfidential, may be attorney-client privileged, may constitute inside i=formation, and is intended only for the use of the addressee. It is the=property of JEE Unauthorized use, disclosure or copying of this c=mmunication or any part thereof is strictly prohibited and may be unlaw=ul. If you have received this communication in error, please notify us =mmediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacati=n@gmail.com> , and destroy t=is communication and all copies thereof, including all attachments. cop=right -all rights reserved =AO please note The information contained in this=communication is confidential, may be attorney-client privileged, mayconstitute 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 prohibiter and may be unlawful. If you have received this communication in err=r, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com<=a>, and destroy this communication and all copies thereof, including=all attachments. copyright -all rights reserved 2 EFTA_R1_01900267 EFTA02655263