...What Is a Partnership? [a] — Introduction. The Code defines a partnership as "a syndicate, group, pool, joint venture, or other unincorporated organization...operation, or venture is carried on, and which is not... a corporation or a trust or estate."33 The use by the parties of a particular label to describe their...

...the other investors. Respondent's regulations state the term "partnership" for Federal tax purposes "includes a syndicate, group, pool, joint venture,...business, financial operation, or venture is carried on." Sec. 1.761-l(a), Income Tax Regs. Respondent's regulations also state: Mere co-ownership of property...

...IRS in a letter.129'1 [A] Statutory Definition of Partnership Section 761 (a) provides generally that the term "partnership" includes a syndicate, group,...operation, or venture is carried on, and which is not a corporation or a trust or an estate. It is noteworthy that the Code does not clearly require a joint...

...federal income tax purposes. Classification of the Company Section 7701(a)(2) of the Code provides that the term "partnership" includes a syndicate, group,...operation, or venture is carried on, and which is not a trust or estate or a corporation. Section 301. 7701 -1(b) of the Treasury Regulations states that...

...may, under appropriate circumstances, be treated as partnerships for tax purposes. The enumeration includes "a syndicate, group, pool, joint venture,...operation, or venture is carried on? and which is not ... a trust or estate or a corporation." Generally, a state law partnership or any other entity not...

...of Provisions Section 7701 (a) (2) of the Code defines a partnership to include a syndicate, group, pool, joint venture, or other unincorporated organization,...financial operation, or venture is carried on, and that is not a trust or estate or a corporation. Section 7701 (a) (3) defines a corporation to include...

...partnership. The term partnership is defined in the federal tax law to include a "syndicate, group, pool, joint venture, or other unincorporated organization,...operation, or venture is carried on, and which is not ... a trust or estate or a corporation."2 This term is broadly applied. For example, co-owners of income-producing...

...a discussion of PRIs. 100 See Chapter 11. See Sections 9.1, 11.5. 102 See Section 9.7. purposes.103 The term partnership includes a syndicate, group,...operation, or venture is carried on, and which is not a trust or estate or a corporation.104 If a partnership is treated for federal income tax purposes...

...partnership may claim the credit for personal property tax replacement income tax, discussed at 1 1201. A "partnership" includes a syndicate, group, pool, joint...operation, or venture is carried on, and which is not a trust, estate, or corporation. "Partner" includes a member in a syndicate, group, pool, joint venture,...

...others. For federal tax purposes, the Internal Revenue Code defines a partnership as a syndicate, group, pool, joint venture, or other unincorporated organization...operation, or venture is carried on and which is not ... a corporation or a trust or estate.2 A general partnership, like a sole proprietorship, is not...