On Friday, January 31, 2020, the Supreme Court of Texas clarified the law of partnership formation in the closely watched case of Energy Transfer Partners, L.P. et al. v. Enterprise Products Partners, ...

The formation of a partnership is generally a nonrecognition transaction for both the contributing partner and the newly-created partnership. Thus, as a general rule, no gain is recognized by a ...

The IRS has proposed adding two new schedules to Form 1065, U.S. Return of Partnership Income, to help standardize the format in which partnerships report international tax items, beginning with tax ...

It is fairly common knowledge in CPA circles that the rate at which the IRS examines partnership returns has cratered. Because of this, it may have escaped notice that the IRS has methodically ...

Not all partnerships require the parties to share financial risk, invest, merge or work together daily. Strategic partnerships form between businesses that complement one another – but don't compete – ...

BACKGROUND The diversification of partnership patterns away from the traditional marriage standard emerged in Spain relatively late. This makes Spain an interesting case for the study of the ...