Partnership Tax Advocacy
This page provides information on issues and AICPA comments made on proposed federal legislation and regulation relating to partnership taxation.
The Partnership Tax Technical Resource Panel continues to monitor these advocacy issues.
News and Developments
Below are recent developments in this area:
- AICPA proposes revenue ruling for partnership targeted allocations
- AICPA suggests that section 736 payments from partnerships should not be subject to 3.8% surtax on net investment income (NII) in August 1 letter to IRS and Treasury
- President's 2014 fiscal year budget proposals include partnership provisions
Advocacy
Due Dates Proposal
- AICPA proposalon due dates introduced in Congress
- Senate Bill S. 420
- House Bill H.R. 901
Small Business Tax Reform
- AICPA letter & written statement on Camp small business tax reform proposal
- AICPA submits comments on Option 2 of Camp Small Business Tax Reform Discussion Draft
- AICPA letter and written statement on Camp small business tax reform proposal
- SFC and HWMC tax reform discussion draft papers
AICPA Comments to IRS
- AICPA submitted comments to IRS on the de minimis exception of section 704(b) - Nov. 2, 2012
- AICPA submitted comments to IRS on Rev. Rul. 99-5 and comments to IRS on Rev. Rul. 99-6 on disregarded entities - June 5, 2013 and October 1, 2013
- AICPA comments to Congress on technical issues regarding the carried interest proposal
- President's 2014 fiscal year budget proposals include partnership provisions, including carried interest proposal
