Which of the following expenses qualify as organizational expenses under 709: (a) Legal fees for the negotiation

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Which of the following expenses qualify as organizational expenses under §709:

(a) Legal fees for the negotiation of the partnership agreement?

(b) Registration fees connected with issuing partnership interests?

(c) Accounting fees for representations in offering materials?

(d) Filing fees?

(e) Accounting fees for services incident to organizing the partnership?

(f) Printing costs of offering materials?

(g) Fees for tax opinion in the partnership prospectus?

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Partnership Taxation

ISBN: 9781642428926

9th Edition

Authors: Stephen Schwarz, Daniel Lathrope, Brant Hellwig

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Question Posted: Apr 23, 2024 02:00 AM

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Which of the following expenses qualify as organizational expenses under 709: (a) Legal fees for the negotiation

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Answer Under 709 of the Internal Revenue Code organizational expenses are costs associated with the ...View the full answer

Partnership Taxation

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