Continuation of a Partnership: How to Avoid Adverse Tax Consequences
Author: Alan L. Kennard.
Source: Volume 21, Number 01, Fall 2003 , pp.36-50(15)
< previous article |next article > |return to table of contents
Abstract:
The termination of a partnership, from the perspective of the partner, can be desirable, undesirable, or even indifferent. Typically, however, a termination of a partnership results in unfavorable federal income tax consequences to the partner.Keywords:
Affiliations:
1: Ungaretti & Harris.