Why is the application of Section 736 different for partnerships where capital is a material income-producing factor

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Why is the application of Section 736 different for partnerships where capital is a material income-producing factor than for those where capital is not a material income- producing factor?

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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