More On Family Limited Partnerships

dc.contributor.author Harl, Neil
dc.contributor.department Iowa State University Digital Repository
dc.date 2018-02-18T21:30:14.000
dc.date.accessioned 2020-06-29T22:52:49Z
dc.date.available 2020-06-29T22:52:49Z
dc.date.embargo 2017-08-18
dc.date.issued 2001-01-05
dc.description.abstract <p>Three recent Tax Court cases have provided significant insights into the treatment of family limited partnerships. While the Internal Revenue Service took an aggressive stance in challenging family limited partnerships or FLPs in 1997 and 1998, particularly where the only purpose behind the formation of a family limited partnership was to depress asset values with nothing of substance changed as a result of the formation, the recent cases have focused on the possibility of a gift on formation of the FLP and on whether a business purpose must be shown for a FLP to be recognized for tax purposes if properly formed under state law.</p>
dc.identifier archive/lib.dr.iastate.edu/aglawdigest/vol12/iss1/1/
dc.identifier.articleid 1565
dc.identifier.contextkey 10626178
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath aglawdigest/vol12/iss1/1
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/3011
dc.source.bitstream archive/lib.dr.iastate.edu/aglawdigest/vol12/iss1/1/AgLawDigest_v12n01_01.pdf|||Fri Jan 14 17:48:23 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Agriculture Law
dc.subject.disciplines Public Economics
dc.title More On Family Limited Partnerships
dc.type article
dc.type.genre article
dspace.entity.type Publication
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relation.isOrgUnitOfPublication d2bcee6c-7cba-4fa7-bd11-543354ce7b1b
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