About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

SUBCHAPTER K i (COUNCIL DRAFT 4, December 17, 1979)

handle is hein.ali/aliftp0360 and id is 1 raw text is: THIS DRAFT IS PRIVATE AND CONFIDENTIAL
PUBLIC DISCLOSURE IS PROHIBITED*
(Not to be sold, offered for sale, or otherwise published)
The American Law Institute
FEDERAL INCOME TAX PROJECT
Council Draft No. 4
Subjects Covered:
SUBCHAPTER K
Part H. Closing of Partnership Year for a Deceased Partner
Part I. Like Kind Exchanges of Partnership Interests
Part J. Adjustments to the Basis of Partnership Assets
Park K. Restrictions on Loss Recognition Under §707(b)(1)
Part L. Ordinary Income Treatment on Certain Sales Between Partners
and Partnerships (§707(b)(2))
Part M. Timing of Corresponding Items of Income and Deduction
Submitted to the Meeting of the Council of the American Law Institute on January 9 (at 10:00
a.m.), 10, 11, and 12, 1980 at The Association of the Bar of the City of New York, 42 West 44th
Street, New York City. This Draft is scheduled for discussion on Friday, January 11.
December 17, 1979
The Executive Office
THE AMERICAN LAW INSTITUTE
4025 Chestnut Street
Philadelphia, PA 19104
'This is a preliminary draft submitted on a private and confidential basis to a limited group for the sole
purpose of study and criticism. It has not been promulgated or approved by the Council or the
members of The American Law Institute.
As an unpublished document intended for internal use, this draft should not be generally circulated or
distributed, nor should it be quoted from or cited or its substance disclosed in any nubile nddraim
writing.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing nearly 3,000 academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most