Tax and transparency
Series: Accountancy ; 127(1291) March 2001, 22-23(2)Publication details: 2001Subject(s): Summary: In the first of two articles looks at how limited liability partnerships (LLPs) and their members will be taxed. LLPs will become possible as business vehicles in the UK from 6 April 2001, at the same time that the Limited Liability Partnerships Act 2000 comes into force. Describes how LLPs will be treated as transparent for income tax and CGT purposes. The Inland Revenue has produced advisory notes on the taxation of LLPs available at http://www.inlandrevenue.gov.uk| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS63606 (Browse shelf(Opens below)) | 1 | Available | 111235-1001 |
Browsing London shelves, Shelving location: Journal article Close shelf browser (Hides shelf browser)
In the first of two articles looks at how limited liability partnerships (LLPs) and their members will be taxed. LLPs will become possible as business vehicles in the UK from 6 April 2001, at the same time that the Limited Liability Partnerships Act 2000 comes into force. Describes how LLPs will be treated as transparent for income tax and CGT purposes. The Inland Revenue has produced advisory notes on the taxation of LLPs available at http://www.inlandrevenue.gov.uk