WebSee paragraph (a) (1) (ii) of § 1.731-1. ( e) Distribution of partnership interest. For purposes of section 708 (b) (1) (B) and § 1.708-1 (b) (1) (iv), the deemed distribution of an interest in a new partnership by a partnership that terminates under section 708 (b) (1) (B) is not a sale or exchange of an interest in the new partnership ... Webunder section 708(b)(1)(B). At the time of the sale, Property X had an adjusted tax basis of $16,000 and a book value of $16,000 (original $20,000 tax basis and book value reduced by $4,000 of depreciation). In addition, A and B each had a capital account balance of $8,000

Federal Register :: Partnerships; Start-Up Expenditures; Organization …

WebSee section 706 (c) (1) and paragraph (c) (1) of § 1.706-1. The date of termination is: ( i) For purposes of section 708 (b) (1) (A), the date on which the winding up of the partnership affairs is completed. ( ii) For purposes of section 708 (b) (1) (B), the date of the sale or exchange of a partnership interest which, of itself or together ... Web(ii) For purposes of section 708(b)(1)(B), the date of the sale or exchange of a partnership interest which, of itself or together with sales or exchanges in the preceding 12 months, transfers an interest of 50 percent or more in both partnership capital and profits. palliativa ordinationer simba

26 CFR 1.709-1 - Treatment of organization and syndication costs.

http://www5.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s708.html Web(ii) For purposes of section 708(b)(1)(B), the date of the sale or exchange of a partnership interest which, of itself or together with sales or exchanges in the preceding 12 months, transfers an interest of 50 percent or more in both partnership capital and profits. palliativ anlage 4