Company: SPH
Filing Date: 2025-02-12
Form Type: S-3
Source: 0001193125-25-024546
Chunk: 16

Company: SUBURBAN PROPANE PARTNERS LP
Filing Date: 2025-02-12
Form: S-3
Chunk 16
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 capital assets (within the meaning of Section 1221 of the Code). This discussion does not address the tax considerations
arising under the U.S. federal estate or gift tax laws or under the laws of any state, local, non-U.S. or other taxing jurisdiction or under any applicable treaty. This summary does not address the tax
consequences to the beneficial owner of a unitholder. References to unitholder are to the beneficial owner of common units.

As stated
above, no ruling has been or will be requested from the IRS with respect to the tax consequences of this offering. Instead, we will rely on opinions of Proskauer Rose LLP. Unlike a ruling, an opinion of counsel represents only that counsel’s
best legal judgment and does not bind the IRS or the courts. Some tax aspects of this offering are not certain and, accordingly, no assurance can be given that the opinions and statements made herein with respect to tax matters will be sustained by
a court if contested by the IRS. Any contest with the IRS may materially and adversely impact the market for our common units, including the prices at which our common units trade. In addition, the costs of any contest with the IRS, principally
legal, accounting and related fees, will result in a reduction in cash available for distribution to our unitholders and our general partner and thus will be borne indirectly by our unitholders and our general partner. Furthermore, the tax treatment
of this offering may be significantly modified by future legislative, regulatory or administrative changes or court decisions. Any modifications may or may not be retroactively applied.

All statements as to matters of U.S. federal income tax law and legal conclusions with respect thereto, but not as to factual matters,
contained in this section, unless otherwise noted, are the opinion of Proskauer Rose LLP and are based on the accuracy of the representations made by us and our general partner.

10

Other than as described herein, no opinions are being given with respect to any other tax
matters arising from this offering. Moreover, the discussion herein assumes that this offering is consummated in the manner described in this prospectus.

THE FOLLOWING DISCUSSION IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT A SUBSTITUTE FOR CAREFUL TAX PLANNING AND ADVICE. A UNITHOLDER SHOULD CONSULT WITH, AND MUST RELY ON, THEIR OWN TAX ADVISORS IN ANALYZING THE U.S. FEDERAL, STATE, LOCAL AND NON-U.S.TAX CONSEQUENCES PARTICULAR TO