EFTA01946834

To: Jeffrey EpsteinueevacationSgmail.comj From: Richard Joslin Sent Thur 12/12/2013 8:28:16 PM Subject: just an fyi Pilarim'sPrideDiv.Dawson.TC.WPD.ndf this Tax Court case indicates I 234A applies to the abandonment of actual capital assets and is not limited solely to the abandonment of derivative rights with respect to capital assets. The holding will shoot down argument that an abandonment of a partnership interest or a non-security gives rise to an ordinary loss. Abandoning a partnership interest will be a sale or exchange of a capital asset. Echols and Rev Rul 93-80 is moot Richard Joslin Black Family Partners, LP do Apollo Management EFTA_R1_00409478 EFTA01946834