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.
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
This document is currently not available here.