Termination of a Partnership Under Section 708(b)(1)(B)
other · IRS · Rule · Published 1997-05-09 · Effective 1997-05-09 · 62 FR 25498
Document
Document number
97-12061
Federal Register citation
62 FR 25498
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
other
Sub-agency
IRS
Publication date
1997-05-09
Effective date
1997-05-09
Treasury docket
TD 8717
Abstract
This document contains final regulations relating to the termination of a partnership upon the sale or exchange of 50 percent or more of the total interest in partnership capital and profits within a 12-month period. The final regulations affect all partnerships that terminate under section 708(b)(1)(B).