0
The partnership doesn't pay taxes. Only the partners do. Income partners receive is like income from a second job. The important thing is partners might get losses if the venture is a loser in early years then the loss REDUCES partners other income for tax purposes.
Add your answer:
Earn +20 pts
What has the author Alan J B Aronsohn written?
Alan J. B. Aronsohn has written: 'Partnerships and income taxes' -- subject(s): Partnership, Taxation 'Partnerships' -- subject(s): Partnership, Taxation
What has the author Stephen Schwarz written?
Stephen Schwarz has written: 'Corporate and partnership taxation' -- subject(s): Taxation, Law and legislation, Outlines, syllabi, Corporations, Partnership, Outlines, syllabi, etc, Ondernemingsbelastingen, Vennootschapsbelasting
What has the author Alfred T Spada written?
Alfred T. Spada has written: 'Dispositions of partnership interests-gifts, incorporations, etc' -- subject(s): Partnership, Taxation
What has the author O P Wylie written?
O. P. Wylie has written: 'Self-assessment' -- subject(s): Taxation, Partnership, Self-employed 'Taxation of the family' -- subject(s): Taxation, Law and legislation, Husband and wife, Family
Taxation advantages in partnership?
are you talking about buisiness mergers, or marriage, or perhaps a buisiness partner, like in a law firm?
How does the taxation model work?
No.
What has the author Norman C Tobias written?
Norman C. Tobias has written: 'Taxation of corporations, partnerships, and trusts' -- subject(s): Business enterprises, Corporations, Law and legislation, Partnership, Taxation, Trusts and trustees
What has the author James R Hamill written?
James R. Hamill has written: 'Real estate' -- subject(s): Real property and taxation, Real property tax, Real estate investment, Real estate business, Finance 'Complex issues in partnership taxation' -- subject(s): Taxation, Partnership 'A CPA's guide to benefit plans for small business' -- subject(s): Accounting, Employee fringe benefits, Small business
What has the author Alvin A Clay written?
Alvin A. Clay has written: 'Preparing the 1065 return' -- subject(s): Partnership, Tax returns, Taxation
Why is important to work in partnership with others?
important to work in partnership with others to teach them how manage a big company or business and that's why it is important for me.......................................
What has the author Reimar Zimmermann written?
Reimar Zimmermann has written: 'Die Personengesellschaft im Steuerrecht' -- subject(s): Partnership, Private companies, Taxation
What has the author Franz Kletschka written?
Franz Kletschka has written: 'Die Unterbeteiligung an gewerblichen Unternehmen im Steuerrecht' -- subject(s): Partnership, Taxation
