000 01085cam a2200241 4500
001 ABS63606
008 000000n2001 000 0 eng u
035 _a(Sirsi) u111235
100 _aMabey, S.
245 _aTax and transparency
260 _c2001
490 _aAccountancy
_v127(1291) March 2001, 22-23(2)
520 _aIn 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
590 _aABS
650 _aPROPERTY INVESTMENT
650 _aPROPERTY INVESTMENT VEHICLES
650 _aLIMITED LIABILITY PARTNERSHIPS
650 _aTAX TRANSPARENT INVESTMENT VEHICLES
650 _aTRANSPARENCY
650 _aCGT
690 _aTAXATION
942 _n0
999 _c66277
_d66277