EFTA Document EFTA01451895

SOF III - 1081 Southern Financtal LLC financial consulting fees, advisory fees and transaction fees that reduce management fees. If the Master Fund failed to file a timely U.S. federal income tax return in respect of its ECI, it may subsequently be precluded from claiming deductions related to the ECI and may be subject to penalties. In general, a foreign corporation that does not conduct a U.S. trade or business is nonetheless subject to tax at a rate of 30% on the gross amount of certain