Back to Search Start Over

SECTION 751(b): DEEMED DISTRIBUTION, SALE, AND CONTRIBUTION APPROACH.

Authors :
WALSH, JOE
Source :
Practical Tax Strategies; Sep2015, Vol. 95 Issue 3, p100-107, 8p
Publication Year :
2015

Abstract

The article discusses the background and aspects of the proposed regulation, Section 751, issued by the U.S. Internal Revenue Service (IRS) in November 2014 which was designed to prohibit taxpayers from conducting partnerships for the purpose of converting ordinary income to capital gains.

Details

Language :
English
ISSN :
00400165
Volume :
95
Issue :
3
Database :
Supplemental Index
Journal :
Practical Tax Strategies
Publication Type :
Periodical
Accession number :
110005990