...part of a sale of property occur after September 30, 1992. [TD 8439, 57 FR 44989, Sept. 30, 1992] § 1.708-1 Continuation of partnership. (a) General rule....partnership ABC, sell their interests to C, who is a 60- percent partner. Since the business is no longer carried on by any of its partners in a partnership,...

...part of a sale of property occur after September 30, 1992. [TUX 3439. 57 FR 44989, Sept. 30, 1992] f 1.708-1 Continuation of partnership. (a) General rule....20-percent partner In partnership ABC, sell their intereste to C, who Is a 60-percent partner. Since the business is no longer carried on by any of its...

...shall be considered as continuing if it is not terminated. (b) Termination — (1) General rule. (1) A partnership shall terminate when the operations...1956, A and B, each of whom is a 20percent partner hi partnership ABC, sell their interests to C, who is a 60percent partner. Since the business is no...

...existing partnership shall be considered as continuing if it is not terminated. (b) Termination— X1) General rule. (i) A partnership shall terminate when...of its partners in a partnership. For example, on Novem279 § 1.708-1 ber 20, 1956, A and B, each of whom is a 20-percent partner in partnership ABC,...

...existing partnership shall be considered as continuing if it is not terminated. (b) Termination—(1) General rule. (i) A partnership shall terminate when...continues to be carried on by any of its partners in a pa"*-nership. For example, on Novembe. 10, 1956, A and B, each of whom is a 20-percent partner in partnership...

...of the Code, an existing partnership shall be considered as continuing if it is not terminated. (D) Termination — (1) General rule. <i) A partnership...continues to be carried on by any of its partners to a partnership. For example, on November 20, 1956, A and B, each of whom is a 20percent partner in...

...terminate when the operations of the partnership are discontinued and no part of any business, financia! operation, or venture of the partnership continues...example, on November 20, 1956, A and B, each of whom i* » 20Title 26 — Internal Revenue percent partner in partnership ABC, sell their Interests to C,...

...rule. Por purposes of subsection (a), a partnership shall be considered as terminated only If — (A) No part of any business, financial operation, or venture...carried on by any of Its partners in a partnership, or (B) Within a 12-month period there is a sale or exchange of 50 percent or more of the total Interest...

...Except as provided in paragraph (2), a partnership shall be considered as terminated only if — (A) no part of any business, financial operation, or venture...carried on by any of its partners in a partnership, or (B) [see Recommendation III for language of present statute and the proposed amendment]. (2) SPECIAL...

...Except as provided in paragraph (2), a partnership shall be considered as terminated only if — (A) no part of any business, financial operation, or venture...carried on by any of its partners in a partnership, or (B) [see Recommendation III for language of present statute and the proposed amendment]. (2) SPECIAL...