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Series: Estates Gazette ; (0148) 1 December 2001, 125(1)Publication details: 2001Subject(s): Summary: Examines the Law Commission's consultation paper which suggest reforming the Limited Partnerships (LPs) Act 1907 which governs UK-registered limited partnerships. The LPs are featured particularly in areas of UK business activity as a vehicle for areas such as private equity funds and property investment. Government is concerned about the tax exempt status of these funds which could possibly lead to distortions and tax loss in the market.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS64953 (Browse shelf(Opens below)) | 1 | Available | 116086-1001 |
Examines the Law Commission's consultation paper which suggest reforming the Limited Partnerships (LPs) Act 1907 which governs UK-registered limited partnerships. The LPs are featured particularly in areas of UK business activity as a vehicle for areas such as private equity funds and property investment. Government is concerned about the tax exempt status of these funds which could possibly lead to distortions and tax loss in the market.