Partnerships: The Fundamentals
2:30 PM GMT
This program will explore a number of entity classification concerns, including concerns related to publicly traded partnerships. The panelists will focus on allocations of taxable income and loss among the partners, including substantial economic effect requirements under section 704(b). The panelists will also discuss the use of targeted tax allocations to simplify tax allocation provisions in the partnership agreement, contributions to the partnership including ways to address the disparity between the fair market value of contributed property and its basis under section 704, and distributions from the partnership to its partners.
Michael Hirschfeld, Cornell Law School, Ithaca, NY
Alfred Bae, Houston, TX
Philip Hirschfeld, Ruchelman PLLC, New York, NY
Jeanne Sullivan, KPMG, Washington, DC
PLEASE NOTE: To receive CLE credit, each individual attendee must be logged into the webinar interface for the ENTIRE program (including the Q&A). Partial credit is not available for this program. Please see the CLE Informaton page for more details.
$75 for Section of Taxation Members
$150 ABA Member*
$125 Young Lawyers
$125 Government / Academic / Non-Profit
$195 All other registrants
FREE Full-time J.D., LL.M., or M.T. Candidates (No CLE Credit/Webcast Only)
*ABA Member registrants will become Tax Section members for 2016-17.
Fee includes an mp3 audio recording that is available within one week following the program date.
Discounts Available for Group Registrations: Please e-mail Thomas Blandi (firstname.lastname@example.org) for more information.
Law Student registrants, who are current nonmembers, will also receive complimentary membership to the ABA and the Section of Taxation.