Lisa Watts

Lisa Watts

Latham & Watkins LLP

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US Tax Court Exempts Gain on Sale of a Partnership Interest

Decision could open planning opportunities for non-US partners regarding sale of a partnership interest. The Grecian Magnesite Mining, Industrial & Shipping Co., SA v. Commissioner 1 case — which the US Tax Court decided...more

7/18/2017  /  Capital Gains , Exemptions , Foreign Investment , IRS , Partnerships , Pass-Through Entities , Revenue Procedures , Tax Court
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