Disguised-Sale and Partnership Liability Allocation Rules Issued
The Internal Revenue Service issued three sets of regulations last week that address issues of disguised sales of property by or to a partnership and allocations of excess nonrecourse liabilities to partners. Alistair Nevius, The Tax Adviser’s editor-in-chief, explains these regulations.
To read the full article in The Tax Adviser, click: Disguised-Sale and Partnership Liability Allocation Rules Issued.
