EFTA02703553

From: Richard Joslin < > Sent: Tuesday, April 12, 2016 4:03 PM To: jeffrey E.; Richard Kahn Cc: Brad Wechsler; John Castrucci; Thomas Turrin Subject: Noel Calb LLC Attachments: NOEL CALB LLC - DRAFT FY 2015.pdf Attached is partnership =ax return FY 2015 for Noel Calb LLC. The draft return has bee= prepared based on preliminary valuations of art provided by the dealers.&=bsp; The art is currently under valuation review by Christie's who a=e likely to provide in next 60 days. One thought is to file the return with the current valuation estimates and update subs=quent year with updated valuation. Another thought is to file an ext=nsion and file return in 60-75 days and use Christie's valuations Password to follow in se=arate email. Return will be filed ele=tronically. =/p> 1 EFTA_R1_02082647 EFTA02703553