Emerging tax rules:
Allocation of liabilities
Transactions between a partnership and a partner
This session will cover the recently issued final regulations on both.
Join us online on February 25, 2020 at 1:00 PM EDT.
Specific topics to be covered will include:
- Allocation of partnership liabilities for basis purposes [section 752] and for disguised sale purposes [section 707]
- Treatment of preformation capital expenditures
- Treatment of deficit restoration obligations and other factors impacting the allocation of non-recourse liabilities