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he income is sourced. Millennium Management and its affiliates operate throughout the world in various jurisdictions, including the United Kingdom, Luxembourg, Hong Kong, Japan, Singapore and Switzerland. Millennium Management and its affiliates generally endeavor to conduct such activities in a manner suc
Investors should consult their tax advisors regarding the application of the "straddle" rules to their investment in Millennium USA. Limitation on Deductibility of Interest and Short Sale Expenses. For noncorporate taxpayers, Section 163(d) of the Code limits the deduction for "investment interest" (i.e., interest or
h source as discussed above. Luxembourg Taxation Millennium USA and the Master Partnership have been separately advised as follows with respect to Luxembourg taxation. Classification of the Master Partnership and Millennium USA as Foreign Taxpayers. For Luxembourg tax purposes, entities which do not have
Investors should consult their tax advisors regarding the application of the "straddle" rules to their investment in Millennium USA. Limitation on Deductibility of Interest and Short Sale Expenses. For noncorporate taxpayers, Section 163(d) of the Code limits the deduction for "investment interest" (i.e., interest or
h source as discussed above. Luxembourg Taxation Millennium USA and the Master Partnership have been separately advised as follows with respect to Luxembourg taxation. Classification of the Master Partnership and Millennium USA as Foreign Taxpayers. For Luxembourg tax purposes, entities which do not have
Investors should consult their tax advisors regarding the application of the "straddle" rules to their investment in Millennium USA. Limitation on Deductibility of Interest and Short Sale Expenses. For noncorporate taxpayers, Section 163(d) of the Code limits the deduction for "investment interest" (i.e., interest or
Entities connected to both Luxembourg and Deductibility of Interest

United Kingdom
LOCATION
United States
LOCATION
Malaysia
LOCATION
New York
LOCATION
George W. Bush
PERSONCayman
LOCATIONKeogh
ORGANIZATIONthe U.S. Investment Company Act
ORGANIZATION
University of Oxford
ORGANIZATION
Ghislaine Maxwell
PERSON
the Internal Revenue Service
ORGANIZATION
U.S. Treasury
ORGANIZATIONthe American Stock Exchange
ORGANIZATION
JPMorgan Chase
ORGANIZATION
Dalton School
ORGANIZATION
Wilbur Ross
PERSON
Tokyo
LOCATIONthe U.S. Investment Advisers Act
ORGANIZATION
the Cayman Islands
LOCATIONthe State of New York
LOCATION