It has been widely reported that the chancellor of the exchequer is mulling changes to the tax system which would levy a new charge on LLPs, addressing and removing the anomaly that sees self-employed ...
In Soroban Capital Partners, LP v. Commissioner,[1] the U.S. Tax Court determined that the exception to net earnings from self-employment in Section 1402(a)(13) of the Internal Revenue Code of 1986, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. A partnership agreement (or operating agreement, in the ...
March 19 (Reuters) - International law firm Baker McKenzie has sued the IRS in Washington, D.C. federal court to force the agency to publicly disclose more information about its expanded tax ...
A new tax on limited liability partnerships (LLPs) is expected to be announced in the Autumn Budget. Chancellor Rachel Reeves is understood to be preparing a levy like employers’ National Insurance, ...
Simply sign up to the UK tax myFT Digest -- delivered directly to your inbox. Lawyers and accountants have criticised plans being considered by Rachel Reeves to make partners pay more tax through ...
The budget wil be announced later this month, but there are concerns that the Chancellor could be handing down a grim ...
While the one-tier partnership model ruled for a long period of time, today's competitive challenges exposed its limitations, particularly in terms of talent recruiting and retention, as well as ...
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