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NGLS > SEC Filings for NGLS > Form 8-K on 1-Aug-2014All Recent SEC Filings

Show all filings for TARGA RESOURCES PARTNERS LP

Form 8-K for TARGA RESOURCES PARTNERS LP


1-Aug-2014

Regulation FD Disclosure


Item 7.01. Regulation FD Disclosure.

IRS Notice

On May 19, 2014, the Internal Revenue Service ("IRS") mailed a "Notice of Beginning of Administrative Proceeding" (the "NBAP") to Targa Resources Partners LP (the "Partnership") stating that the IRS is commencing an audit of the Partnership's federal income tax return for the year ended December 31, 2011. We believe this to be a routine audit of the various items of the Partnership's income, gain, deductions, losses and credits. We are making this disclosure to satisfy the requirement under applicable Treasury regulations that we notify certain of the Partnership's limited partners of the NBAP within 75 days of mailing of the NBAP by the IRS; we are fully cooperating with the IRS in the audit process. Although no assurance can be given, we do not anticipate any material change in prior period taxable income. A copy of the NBAP is available on our website at http://www.targaresources.com. To the extent future communications regarding this audit are necessary, they will be provided in the same manner as this NBAP. No action is required by the Partnership's limited partners at this time.


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