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Concerning the test for a partner's interest in a partnership, which of the following statements is true? A) a plain vanilla partnership generally will satisfy
Concerning the test for a partner's interest in a partnership, which of the following statements is true? A) a plain vanilla partnership generally will satisfy this test, B) The regulations require that each partner be treated as an equal in any situation, C) The tax matters partner is responsible for this determination, D) This test can be more objective than the economic effect test.
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