United States: Tax Court Holds That Active Limited Partners Of State Law Limited Partnerships May Be Subject To Self-Employment Tax - Proskauer Rose LLP
Monday, 22 January 2024 Section 1402(a)(13) of the Internal Revenue Code provides that the distributive share of "limited partners, as such" from a partnership is not subject to self-employment tax.
Fair use is a doctrine in the United States law that permits limited use of copyrighted material without first having to acquire permission from the copyright holder. Fair use is one of the limitations to copyright intended to balance the interests of copyright holders with the public interest in the...
In Soroban Capital Partners LP v. Commissioner,1 the Tax Court addressed the scope of the so-called "limited partner exception" from U.S. federal self-employment... Mondaq
Monday, 22 January 2024
