A stealthy approach
Series: Taxation ; 148(3846) 28 February 2002, 526-528(3)Publication details: 2002Subject(s): Summary: Detailed examination of points covered by Limited Liability Partnership 2000, which came into force 6 April 2001. The new rules intend to provide that exempt bodies are taxed on any income from property they receive in their capacity as members of a limited liability partnership, that the same consequences follow for shareholders in a company that disincorporates to form such a partnership as currently follow when a company disincorporates to form an ordinary partnership and that loans used to provide money to purchase an interest or share in an investment limited liability partnership will not qualify for tax relief.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS65208 (Browse shelf(Opens below)) | 1 | Available | 117069-1001 |
Detailed examination of points covered by Limited Liability Partnership 2000, which came into force 6 April 2001. The new rules intend to provide that exempt bodies are taxed on any income from property they receive in their capacity as members of a limited liability partnership, that the same consequences follow for shareholders in a company that disincorporates to form such a partnership as currently follow when a company disincorporates to form an ordinary partnership and that loans used to provide money to purchase an interest or share in an investment limited liability partnership will not qualify for tax relief.