The value of the shares of a corporation changes when corporate profits or losses are accumulated and when corporate assets change in value The value of a partnership interest changes in exactly the same manner Explain how the tax treatment applied to the sale of a partnership interest differs radi...

Similar to the sale of corporate shares the sale of a partnership interest may result in a capital g ...

The value of the shares of a corporation changes when corporate profits or losses are accumulated and

Question:

The value of the shares of a changes when corporate profits or losses are accumulated and when corporate assets change in value. The value of a interest changes in exactly the same manner. Explain how the tax treatment applied to the sale of a interest differs radically from that applied to the sale of corporate shares.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...