Search results with tag "Taxtaxtax"
Sale of a Partnership Interests - taxtaxtax.com
taxtaxtax.com1 Sale of a Partnership Interests In general, the partnership provisions in Subchapter K of the Code adopt an “entity approach” in dealing with the tax consequences of a transfer of a partnership interest.
Current and Liquidating Distributions - taxtaxtax.com
taxtaxtax.com1 Current and Liquidating Distributions OVERVIEW The basic principle underlying the tax treatment of partnership distributions is that the distribution should be tax free to the partnership and to the
ALLOCATION OF INCOME AND LOSS - taxtaxtax.com
taxtaxtax.comALLOCATION OF INCOME AND LOSS 900 INTRODUCTION 900.1 A partnership is not subject to tax at the partnership level. The partnership’s items of income, gain,
INDIRECT AND DIRECT---TTTAXAXAX MANAGEMENT
www.icmai.inCentral Excise Act, 1944(CEA) : The basic Act which provides the constitutional power for charging of duty,valuation, powers of officers, provisions of arrests, penalty, etc. Central Excise Tariff Act, 1985 (CETA) : This classifies the goods under 96 chapters with specific codes assigned.