Why is the application of Section 736 different for partnerships where capital is a material income-producing factor

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Why is the application of Section 736 different for partnerships where capital is a material income-producing factor than for those where capital is not a material incomeproducing factor?

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CCH Federal Taxation 2019 Comprehensive Topics

ISBN: 9780808049081

2019 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 27, 2024 04:00 AM

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Why is the application of Section 736 different for partnerships where capital is a material income-producing factor than for those where capital is not a material income- producing factor?
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Why is the application of Section 736 different for partnerships where capital is a material income-producing factor

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Section 736 of the Internal Revenue Code IRC in the United States addresses payments to retiring partners or those who sell their partnership interest ...View the full answer

CCH Federal Taxation 2019 Comprehensive Topics

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