News
The Global Portfolio's First Two Buys
As a tip of the cap to the Dutch and their historical leadership position in global trade and investment, I'm calling this endeavor the Orange portfolio. The Dutch gave the US its first multinational corporation, the first modern stock exchange,

India says Vodafone-Hutchison deal structured to avoid tax
By R. Jai Krishna and Mukesh Jagota, Dow Jones Newswires India's federal government Monday said that the closely watched tax case involving the UK's Vodafone Group PLC. is an example of how some companies misuse tax havens to avoid paying taxes in

Bulgarian personal income and corporate taxes the lowest in EU
Other countries where tax on personal income was high in 2012 were also the Netherlands, Spain (both 52.0%), Austria and the United Kingdom (both 50.0%). The average numbers on personal income tax for the whole Union were 38.1%, while 43.2 only for the

If you are a partnership then you may be liable for.

Partnership Taxes As a publicly traded partnership, Buckeye Partners, L. The tax is calculated by multiplying net income by a flat rate. The partnership must furnish copies of Schedule K-1 Form 1065 to the partners by the date Form 1065 is required to be filed, including extensions. Under the tax code, that is not necessarily how each one is taxed. If you are a partner individual in a partnership then you may be liable for.

Should be simple when it comes time for taxes, right? Not exactly. Partners are not employees and should not be issued a Form W-2. If you are a partnership then you may be liable for. The ownership interests in LLCs may be reflected in share certificates in many jurisdictions, but need not be. Partnerships bear a tax resemblance to S corporations and limited liability companies.

The cash distributions are not taxable as long as the partner's tax basis in the partnership exceeds zero. Balance Sheets may show substantial increases in liabilities. Adobe Reader installed on your computer to view and print these files.