Tax Law

Recent Posts

The Disguised Sale as a Sword - Superior Trading
Posted on 16 Oct 2012 by Charles Zubrzycki

Typically, a partner's contributions to, and distributions from, a partnership are tax-free. IRC Sec. 721(a) ; IRC Sec. 731(a) . See also Lexis Tax Advisor -- Federal Code, IRC Sec. 721(a) ; Lexis Tax Advisor -- Federal Topical, Sec. 2D:1.01[4] ;... Read More

A Detailed Analysis of a Disguised Sales Transaction – In re G-I Holdings
Posted on 2 Nov 2010 by Charles Zubrzycki

Althou gh exceptions apply, a partner does not generally recognize gain or loss when he or she contributes property to a partnership. IRC Sec. 721(a) . See also Lexis Tax Advisor -- Federal Code, IRC Sec. 721(a) ; Lexis Tax Advisor -- Federal Topical... Read More