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Crime, Inc. and Indy, Inc. are equal partners in the CO Partnership. Crime uses the calendar year, and Indy uses a fiscal year ending August

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Crime, Inc. and Indy, Inc. are equal partners in the CO Partnership. Crime uses the calendar year, and Indy uses a fiscal year ending August 31. CO Partnership does not have a natural business year. What is the required taxable year for CO Partnership? Clearly discuss the three required tests for determination of a partnership's taxable year and whether CO Partnership meets the requirements of each test

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