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Navigating partnership continuations.

Authors :
Bell-Jacobs, Mo
Source :
Tax Adviser; Apr2023, p1-4, 4p
Publication Year :
2023

Abstract

The article focuses on transactions between partnerships can result in situations where it may be unclear whether any of the partnerships and state law and the fictional series of events deemed to occur for purposes of Subchapter K. It mentions partnership terminates when no part of any businesses, financial operation, or venture of the partnership and restructure is disregarded for federal tax purposes. It also mentions exiting partners were treated as selling their partnership interests.

Details

Language :
English
ISSN :
00399957
Database :
Complementary Index
Journal :
Tax Adviser
Publication Type :
Periodical
Accession number :
163485598