Dodatkowe przykłady dopasowywane są do haseł w zautomatyzowany sposób - nie gwarantujemy ich poprawności.
Otherwise representatives must make sure that payments for each individual partner and partnership liability are made separately.
A retiring partner will remain liable for such partnership liabilities as existed at his retirement for a term of five years.
For more information on the effect of partnership liabilities, including rules for limited partners and examples, see sections 1.752-1 through 1.752-5 of the regulations.
A partnership liability is a nonrecourse liability if no partner or related person has an economic risk of loss for that liability.
A change in a partner's share of partnership liabilities increases or decreases the partner's outside basis in the partner's partnership interest.
Prudential has been negotiating with the Securities and Exchange Commission and state regulators an overall settlement of its partnership liabilities, including real estate deals.
While the decision was a victory of sorts for Prudential executives, who have been striving to put the partnership liability behind the firm, it may have come with a heavy price.
President Taft in recommending the tax had stated that it is laid "upon the privilege of doing business as an artificial entity and the freedom from a general partnership liability enjoyed by those who own stock."
The firm will need to decide whether partners' drawings should be paid gross without allowing for any tax reserve, or, alternatively, whether to withhold tax which is not a partnership liability, but an individual partner's liability.
An increase in a partner's share of partnership liabilities increases the partner's outside basis because the assumption by the partner of a share of partnership debt is considered a deemed contribution to the partnership.
Where multiple partners are unable to pay their individual liabilities on time, HM Revenue & Customs (HMRC) can discuss a time to pay arrangement for any partnership liabilities and the individual partners' liabilities.