Tax Allocation
Description
This AI field captures general tax-related allocations of income, gain, loss, etc. to the partners or members, including allocation of tax credits, recapture and “built-in” gain/loss adjustments resulting from property contributed to the partnership/company.
Jurisdiction
- Canada (Alberta, British Columbia, and Ontario)
- United States (California, Delaware, and Texas)
Document Types
- 98% Governance Agt
- 2% Other
Tags
- LPA/LLC
Language
- 100% English