From: Thomas Turrin < Sent: Sunday, April 30, 2017 10:18 PM To: ; Jeffrey Epstein; Barry Cohen Cc: Leon Black Subject: RE: Please see my comments below in red. Ori inal Messa e From: [mailto <mailto: > ) Sent: Sunday, April 30, 2017 11:33 AM To: Jeffrey Epstein; Thomas Turrin; Barry Cohen Cc: Leon Black Subject: Guys-can I just mention and confirm some things: 1. As an fyi, but as I believe you know, FtJ is pulling together the ba=k-up and presentation on the other items of BRH income highlighted in the =riginal IRS notice this week end. Hopefully we will not have to submit.&nb=p; 2. As we all know I aint no tax guy but I read the assessment letter v=ry carefully and my "uninformed" view is exactly tom and jeffrey=s first reaction (which may or may not have changed), ie, that the IRS&nbs=; found/acknowledges 378,805,695 of what they believe should be 379,707,381 or a delta of 884,006. (They also found a del=a of 17,680 in itemized deductions.) Definitionally, these numbers have to=include BRH numbers and as jeffrey said to me, they answered the question =hey posed in the initial notice. The "delta" in income is not a resu=t of an audit of Leon's tax return. The "delta :=21; is Leon's (BFP's) allocable share of the adjustment=of BRH Holdings, LP ordinary income as a result of an audit of the ta= return of BRH Holdings. The issue is on th= BRH partnership return. Suzan=e Wong (or someone at Apollo or Deloitte) should be able to provide a copy of the IRS audit report explaini=g the adjustment of BRH. I will not be able to speak =o the agent about BRH specifically since I am not the tax preparer of BRH.=/b> When the IRS audits a partnership and makes an =djustment to the partnership's income or deductions, t=e IRS sends adjustment notices to the partners such as the o=e received late Friday in which they indicate the specific partner's allocable share of the partnership adju=tment. The IRS notice also computes the additional tax =n