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 January 27, 2016 - 8:06 AM EST
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Linn Energy LLC. (NASDAQ: LINE) Analyst Coverage; A Surprise Tax Bill for Unitholders?

HOUSTON, TX / ACCESSWIRE / January 27, 2016 / Linn Energy LLC. (NASDAQ: LINE) an oil and natural gas company focused on acquiring, developing and maximizing cash flow from a portfolio of oil and natural gas assets, recently announced the estimated federal income tax characteristics of its 2015 cash distributions to holders of its common shares. Linn Energy press release suggests at a possible tax liability for unitholders. This is due to the taxable gain Linn Energy had on its debt exchange and buybacks of approximately $1.23 billion. Even though cash distributions have been suspended, this may result in a surprise tax bill for unitholders.

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Source: Accesswire IA (January 27, 2016 - 8:06 AM EST)

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