26-U.S.C.-701

§701 – Partners, Not Partnership, Subject to Tax

Pathway

Title 26 > Subtitle A > Chapter 1 > Subchapter K > Part I > Section 701

Details

• Reference: Section 701
• Legend: §701 – Partners, Not Partnership, Subject to Tax
• USCode Year: 2013

Provision Content

A partnership as such shall not be subject to the income tax imposed by this chapter. Persons carrying on business as partners shall be liable for income tax only in their separate or individual capacities.

(Aug. 16, 1954, ch. 736, 68A Stat. 239.)

U.S. Encyclopedia of Law Coverage

26-U.S.C.-678 in the Legal Encyclopedia: Income Taxes

In this entry about 26-U.S.C.-678, find legal reference material, bibliographies and premiere content related to income taxes in the American Encyclopedia of Law, presenting a comprehensive view of the United States income taxes-specific issues, written by authorities in the field.

26-U.S.C.-675 in the Legal Encyclopedia: Tax Liability

In this entry about 26-U.S.C.-675, find legal reference material, bibliographies and premiere content related to tax liability in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax liability-specific issues, written by authorities in the field.

26-U.S.C.-674 in the Legal Encyclopedia: Taxation

In this entry about 26-U.S.C.-674, find legal reference material, bibliographies and premiere content related to taxation in the American Encyclopedia of Law, presenting a comprehensive view of the United States taxation-specific issues, written by authorities in the field.

26-U.S.C.-676 in the Legal Encyclopedia: Liability

In this entry about 26-U.S.C.-676, find legal reference material, bibliographies and premiere content related to liability in the American Encyclopedia of Law, presenting a comprehensive view of the United States liability-specific issues, written by authorities in the field.

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