To: Jeffrey Epstein[jeevacation©gmail.com] From: McCaffrey, Carlyn Sent: Thur 1/31/2013 9:56:24 PM Subject: RE: FW: Re: A lively exchange with you is never a torture. Carlyn S. McCaffrey I Partner McDermott Will & Emery LLP 1340 Madison Avenue, New York, NY 10173 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, McCaffrey, Carlyn 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 McDermott Will & Emery LLP 1340 Madison Avenue, New York, NY 10173 From: Jeffrey Epstein [[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 EFTA_R1_00340285 EFTA01906813