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Department of the Treasury lnternal Revenue Servrce CINCINNATI OH 45999-0058

Customer Service:
1-800-829-01 15

lf you call us, refer to this information: Number of this notice: CP ZBz

AUSTRALIA
000141

MIKE & LOUIS LLC 2 MICHAEL NORMAN DAVIE 75 TIGER ST W IPSI{ICH QL

Date of this notice:

MBR

Januany Z, ?0L?

Document Locator Number:

60?69-?56-50207 -L

Form:1055
ax Year Ending:

June

30

, 20It

Notification of possible Filing Requirement

This notice is being mailed toltou beca_useon Form 1065, U.S. Return of partnership lncome, Schedule B, Question 16, or Form 1065-8, U.S. Return of lncome for Electing Large eartnerihips, Schedule B, Question 4, the partnership answered "YES". As a resultJn" p"]rtn"i.nip may h;;;-' an additionalfiling requirementwith the lnternal Revenue Service related to tne partnbrshii's foreign partner(s). partnershiphad taxable income effectively connected with the conduct of a trade or lf .the business within the United States that is allocableto.a foieign.partne_r, lnternal Revenue CoOJlinCiS".li"t

rnepirtn"?rniprrrt pay lhe Section 1446 Withholding Tax regardless of the amolrnt of foreign partner's ultimate fj.S. tax liabilityand reg_ardlessof whetherthe.gq1t1-9tqnipmalgrs anydistribJtidniouring its tax yeai. rr flqRartnership is liable for the Section 1446 Withhoiding Tax, you may download th? tormsirom ttre ' IRS website at www.irs.gov or cail 1-800-829-3676 to reluesiforms anO pJOii-itions. ShoufOlil use the online method, please scroll to the bottom of the opening page oi the wlbsite, anO ict< if Ln the link, Forms and Pubs. lf the partnership is not liable, nb turttidr aition iiiequireo.
For information on reporting and paying Section 1446 Withholding Tax, as well as the general leporting-obligations, see Form 8804, Annual Return for Partners"nipWitfrfrolding Tax, Forr dggS, Foreign fartne/s lnformation Statement of Section 1446 Withholding T;i, Forr bgt C, Partnership Withholding.Tax. Payment Vo.ucher. A partnership that Otei compty with Section 1446 reporting and Withholding Tax requirements may be subject to penaltiei lnd/or interest. 'ioi

1446.requiresthel.lrllgrsnigtorelortandpayaWiirrrrotoingTaxtothelnS.

;il

?q:giq!ryt-"s ap.plylo^pu!tig!1!goed partnerships. P..ublicly traded parrnerships must fite Forms 8804;8805, and 8813 only i{xi6y elected !o-p3v Section t 4+o Wiinhoroing ral, based o; effeciivety connected taxable income allocable to its foreign partners.
ln addition to the requirementto Withhold Tax underSection 1440, U.S. source incomethat is not effectively connected with the partnership's U.S. trade or business may be iubject to Withholding Tax under IRC Sections 1441 ,1442,and 1443. Reportthis type of WitfrnofOini:fa* on Form 1042 and Form(sf 1042-3. For more information, see Publication si 5 Withholding oi ra" on Nonresident Aliens and Foreign Corporations.
lf you want more detailed information about the time and manne_r p_1y the_lection 1446 withholding Tax, you should refer to the IRC and to Revenue Procedure 8g-31Io tgtig-t C,B. g95.
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