Allocation of firm's profits or losses
Charitable donations
Corporate partners
Deeply discounted security, company partners' share
Exchange gains and losses, treatment of
Generally
Income tax profits, allocation of
Lone relationships
Allocating credits and debits to company partners
Company partners and other connections
Lending between partners and partnership
Mixed member partnerships
Anti-avoidance, individuals who are not partners
Commencement
Counteraction: reallocation of profits
Excess loss allocation
Excess profit allocation rules, application of
Practical solutions
Preventing double taxation
Notional profit/loss, reallocation of
Profit sharing arrangements, changes
Salaries and interest on capital, treatment of