# Partner's Distributive Share
> **IRS** · Final regulations. · Published 2008-05-19 · Effective 2008-05-19 · 73 FR 28699
## Document
- **Document number:** E8-11176
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 73 FR 28699
- **CFR reference:** 26 CFR 1
- **Publication date:** 2008-05-19
- **Effective date:** 2008-05-19
- **Treasury docket:** TD 9398
## Abstract

This document contains final regulations providing rules for testing whether the economic effect of an allocation is substantial within the meaning of section 704(b) where partners are look-through entities or members of a consolidated group. The final regulations clarify the application of section 704(b) to partnerships the interests of which are owned by look-through entities and members of consolidated groups and, through an example, reiterate the effect of other provisions of the Internal Revenue Code (Code) on partnership allocations. The final regulations affect partnerships and their partners.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2008/05/19/E8-11176/partners-distributive-share)
---
*AI Analytics · CC0 1.0*