Federal Income Taxation of Partners and Partnerships in a Nutshell - Couverture souple

Burke, Karen C.

Couverture souple

ISBN 10 : 0314280367 ISBN 13 : 9780314280367

Editeur : West Academic Press, 2013

Synopsis

This book provides a concise overview of federal partnership taxation. It covers partnership formation, including contributions of property and admission of service partners, allocation of income and loss, tax accounting, and sharing of recourse and nonrecourse liabilities. Building on this foundation, the book also addresses advanced topics, including transactions between partners and partnerships, sales of partnership interests, distributions of property, optional and mandatory basis adjustments, and planning for retirement or death of a partner. Numerous concrete examples illustrate the tax treatment of specific transactions, allowing students to grasp the principles of partnership taxation in a problem-oriented course. The revised edition reflects developments through September 2012, including codified economic substance doctrine and penalty provisions; choice of business form and classification of series entities; at-risk and passive loss rules as applied to LLCs and LLPs; partnership debt-equity exchanges and proposed "carried interest" legislation; new rules on accounting for partner's varying interests in the partnership; and disguised sale transactions and recent tax-shelter decisions.

Détails de l'édition

• Éditeur: West Academic Press
• Date d'édition: 2013
• Langue: anglais
• ISBN 10: 0314280367
• ISBN 13: 9780314280367
• Reliure: Broché
• Numéro d'édition: 4
• Nombre de pages: 277
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible