Geobulletin alpha

News from the Geoblogosphere feed

by Stratigraphy.net
New from Snet: Lithologs, a new tool to create lithological/sedimentological logs online..

New Rules on MLPs & Qualifying Income: What Oil Services and Exploration Companies Need to Know

Source info:

Author:
Date: 2015-05-07 00:28:00
Blog: Mineral Law Blog
URL: http://feeds.lexblog.com/~r/MiningLawBlog/~3/O7ajRXjLJLw/

Summary:

On Tuesday, May 5, 2015, the Internal Revenue Service (“IRS”) released proposed regulations defining qualifying income for Master Limited Partnerships (“MLPs”). MLPs are publicly traded partnerships that are taxed as a partnership rather than a corporation. Being taxed as a MLP has many advantages. While shareholders in a corporation face double taxation  ̶  paying taxes … Continue Reading

Content analysis:

Keywords:

corporation face, double taxation, Exploration Companies Need, Internal Revenue Service, Master Limited Partnerships, Mining, New Rules, Oil Services, Qualifying Income

Stratigraphy.net | Impressum
Ads: