Main Image

About the Book

Partnership Taxation

Front Cover - Partnership Taxation

Second Edition
George K. Yin, University of Virginia
Karen C. BurkeUniversity of Florida Levin College of Law

2013. 456 pages. ISBN: 978-1-4548-2505-0. With Teacher's Manual.

About the Book

Concise and tightly edited, Partnership Taxation emphasizes core principles and policies so students can learn the major patterns and themes of partnership taxation.

This fully revised Second Edition:

  • Provides a completely up-to-date organizational structure and text that fully integrates current developments relating to partnership liabilities, transfers of compensatory partnership interests, mandatory basis adjustments, the look-through approach to sales of partnership interests, and the partnership anti-abuse rules.
  • Includes expanded discussion of the economic substance doctrine, target allocations, series entities, definition of a limited partner interest, the new tax on net investment income, disguised sales, and debt-equity exchanges; also includes recent shelter cases, an overview of the TEFRA partnership audit rules, and legislative changes made in January 2013.
  • Features a comprehensive Teacherís Manual.