Daily Tax Update: TREASURY and IRS Issue Proposed Regulations Clarifying the Treatment of Payment Obligations of Disregarded Entities for Purposes of Characterizing and Allocating Partnership Liabilities:.

Mondaq Business BriefingNbr. 2004, May 2004

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Daily Tax Update: TREASURY and IRS Issue Proposed Regulations Clarifying the Treatment of Payment Obligations of Disregarded Entities for Purposes of Characterizing and Allocating Partnership Liabilities:.

WASHINGTON PHOENIX LOS ANGELES LONDON BRUSSELS

THE DAILY TAX UPDATE WILL BE PUBLISHED ON A PERIODIC BASIS UNTIL CONGRESS RETURNS FROM ITS AUGUST RECESS ON SEPTEMBER 7.

On August 11, the Treasury Department and the IRS issued proposed regulations addressing, among other issues, the characterization and allocation of partnership liabilities when a disregarded e...

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