Partnerships - IRS revokes rev. rule 2004-43 and will issue anti-mixing bowl regulations
Article Abstract:
Internal Revenue Service (IRS) has through Rev. Rule. 2005-10, 2005-7 IRB 492 reversed its previous rules in Rev. Rul. 2004-43, 2004-18 IRB 842 relating to gain or loss created in an assets-over merger in partnerships. The relevant sections and subsections are discussed.
Publication Name: Business Entities
Subject: Business
ISSN: 1524-3583
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Current developments
Article Abstract:
The recent developments that took place in United States in the areas of loans, tax shelters, trusts, partnerships and corporations are discussed. The Jobs and Growth Tax Act of 2003 legislation aims at eliminating double taxation on corporate earnings.
Publication Name: Business Entities
Subject: Business
ISSN: 1524-3583
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Current developments
Article Abstract:
A report on the latest important developments in the spheres of C Corporations, S Corporations, Pass-thrus, Disregarded Entities, and Like-Kind Exchanges, is presented.
Publication Name: Business Entities
Subject: Business
ISSN: 1524-3583
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Current developments. Partnership provisions of the American Jobs Creation Act of 2004. Litigation developments in the partnership and LLC tax arena
- Abstracts: Current developments. Circuit court holds that the IRS did not violate confidentiality of returns
- Abstracts: FERC reexamines treatment of income taxes as recoverable costs for flow-through entities
- Abstracts: Robert Panoff. Dennis L. Belcher. Lewis R. Steinberg