From: "McCaffrey, Carlyn" alla> To: Jeffrey Epstein <[email protected]> Subject: RE: FW: Re: Date: Thu, 31 Jan 2013 21:56:24 +0000 A lively exchange with you is never a torture. Carlyn S. McCaffrey I Partner McDermott Will & Eme LLP 340 Madison Avenue New York NY 10173 mailto: From: Jeffrey Epstein [mailto:[email protected]] Sent: Thursday, January 31, 2013 4:50 PM To: McCaffrey, Carlyn Subject: Re: FW: Re: ok, however nystate follows most definitions from federal , talk tomorrrw , sorry to torture you On Thu, Jan 31 2013 at 5:46 PM, McCaffre Carl n mailto: > wrote: The term "sale or exchange" is a term used in the federal income tax law to refer to such a transaction. There's no identical description in the NYS sales tax law. Mark, Please email us the basic definition of a sale for purposes of the NYS sales tax law. Carlyn S. McCaffrey I Partner w York, NY 10173 mailto: cMa' From: Jeffrey Epstein [mailto:[email protected]<[email protected]>] Sent: Thursday, January 31, 2013 4:43 PM To: McCaffrey, Carlyn Subject: Re: FW: Re: Sale or exchange is a term used in tax law to refer to a transaction in which value is received, triggering a gain or loss for income tax purposes. A sale or exchange is distinguished from inheritance, gifts, or other transactions in property which do not result in a calculable gain or loss. On Thu, Jan 31 2013 at 5:31 PM, McCaffre Carl n mailto: > wrote: Here's a thought from Amy Heller, one of my partners. Carlyn S. McCaffrey I Partner McDermott Will & Emery LLP 1340 Madison Avenue. New York, NY 10173 mailto: ltaa' From: Heller, Amy Sent: Thursday, January 31, 2013 4:29 PM To: McCaffrey, Carlyn Subject: RE: Re: EFTA00652924