From: "Jeffrey E." <[email protected]>

From: "Jeffrey E." <[email protected]> To: Melanie Spinella Subject: Fwd: QEF planning Date: Mon, 12 Oct 2015 23:25:20 +0000 Attachments: QEF_DEFERRAL_PLANNING.pdf Forwarded message From: Richard Joslin < Date: Monday, 12 October 2015 Subject: QEF planning To: "jeffrey E." <jeevacation®gmail.com>, "Dlugash, Alan" Cc: Brad Wechsler <I >, John Castrucci 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. 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 jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00843675