Gain on partnership interest is now more likely to be ordinary.
Among the changes to the partnership rules under RRA '93 discussed in this article are a lower threshold for substantially appreciated inventory, which increases the chance that disposition of a partnership interest will result in ordinary income.
Yuhas, M.A. & Fellows, J.A. (1994). Gain on partnership interest is now more likely to be ordinary. Taxation for Accountants, 52(3), 146-154.
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