Practical Partnership Taxation – Howard
Partnership tax issues cut across most of the familiar taxes, but apply them in a particular way. The taxation of partnerships relies on statutory provisions and case law, of course, but is also dependent on HMRC practice and interpretations. Practical Partnership Taxation - Howard is a practical guide to the issues arising.
Practical Partnership Taxation - Howard addresses all the key taxes - income tax, capital gains tax, SDLT, corporation tax. It clearly explains the principles applying to different sorts of partnerships (including LLPs, limited partnerships and partnerships with corporate members) and covers the more complex areas including mergers and demergers, incorporations, administration (including partnership returns) etc., losses, capital allowances, and other practical matters arising. Dedicated chapters look at partnerships with an international dimension, at the issues arising when a partner dies, and at pensions and annuities.