Sign in or create a free account to get FREE SHIPPING and DISCOUNTS

Partnership Taxation, Fourth Edition

Authors
  • George K. Yin
  • Karen C. Burke
Series / Aspen Casebook Series
Teaching Materials
NO
Description

Buy a new version of this textbook and receive access to the Connected eBook on Casebook Connect, including lifetime access to the online ebook with highlight, annotation, and search capabilities. Access also includes an outline tool and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes.

In this concise, tightly edited casebook, George K. Yin and Karen C. Burke emphasize core principles and policies to help students understand the overall structure and coherence of partnership taxation. The book’s organizational structure bridges concepts learned in the introductory income tax course and those presented in advanced tax courses, by offering a “building-block” approach that progresses from basic to complex partnership transactions. By emphasizing the policy choices that lend structure and coherence to the law, Partnership Taxationfacilitates an understanding of the overarching principles of partnership tax. Students learn the law from basic source material—the Code and regulations—as well as tightly edited cases and other guidance. Many problems, questions, and explanations supplement the presentation to guide students through the challenging material.

New to the Fourth Edition:

  • The Fourth Edition reflects developments through February 2020, including:
  • Expanded discussion of choice-of-entity issues in light of significant changes introduced by the 2017 tax legislation, including the 21% corporate tax rate and the section 199A passthrough deduction
  • Revised regulations concerning allocation of partnership liabilities, including disregarded bottom-dollar payment obligations
  • The temporary expensing deduction under section 168(k), as well as new limitations on business interest deductions and excess business losses
  • New section 1061 imposing a three-year capital gain holding period for service partners receiving partnership interests in certain investment partnerships
  • The revised definition of a “substantial built-in loss” under section 743(b) and repeal of the technical termination rule under section 708

Professors and students will benefit from:

  • Approach: This book emphasizes core principles and policies to help students understand the overall structure and coherence of partnership taxation.
  • Organization: The organizational structure bridges concepts learned in the introductory income tax course and those presented in advanced tax courses; “building-block” approach progresses from basic to complex partnership transactions.
  • Depth: By providing in-depth coverage while avoiding unnecessary detail, the revised Fourth Edition facilitates mastery of the material and prepares students to think rigorously and creatively about the kinds of problems they will encounter as practitioners of tax and business law.

Lenny faces are short character strings that describe emotions and make your text stand out.

Read More
Professor Materials
Please sign in or register to view Professor Materials. These materials are only available for validated professor accounts. If you are registering for the first time, validation may take up to 2 business days.
Product Information
Edition
Fourth Edition
Publication date
2020-09-15
Copyright Year
2021
Pages
466
Connected eBook + Hardcover
9781543823585
Connected eBook (Digital Only)
9781543849936
Subject
Taxation, Elective
Select Format Show Hide
Are you a professor?