Tax Notes has published an article by Monte A. Jackel, of Akin Gump Strauss Hauer & Feld LLP, which provides a summary of the authorities underlying the aggregate or entity treatment of partnerships, including congressional and IRS applications of the general principles of law, related IRS rulings, and related case law (including the recent Grecian Magnesite case).

See full article by clicking here (Tax Notes subscription required).

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.