Subchapter K

E333410

Subchapter K is the section of the U.S. Internal Revenue Code that governs the federal income tax treatment of partnerships and their partners.

All labels observed (3)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States federal tax law regime
section of the Internal Revenue Code
administeredBy Internal Revenue Service
appliesTo partners
partnerships
codifiedIn Title 26 of the United States Code
defines conduit treatment of partnerships for income tax purposes
doesNotApplyTo entities classified as corporations for federal tax purposes
publicly traded partnerships treated as corporations
endsAtSection IRC section 777
governs federal income taxation of partners
federal income taxation of partnerships
implementedBy Treasury Regulations under sections 701 through 777
jurisdiction United States federal income tax
legalSystem United States law
locatedIn Subchapter K self-linksurface differs
surface form: Subchapter K of Chapter 1 of Subtitle A of the Internal Revenue Code
partOf Internal Revenue Code
primarySection IRC section 701
IRC section 702
IRC section 704
IRC section 705
IRC section 707
IRC section 708
IRC section 721
IRC section 731
IRC section 736
IRC section 751
IRC section 752
IRC section 754
IRC section 755
IRC section 761
providesRuleFor allocation of partnership income, gain, loss, deduction, and credit among partners
basis of a partner’s interest in a partnership
basis of partnership property
contributions of property to a partnership
determination of partners distributive shares
determination of partnership taxable income
disguised sales between partners and partnerships
distributions of property by a partnership
optional basis adjustments under section 754
special allocations of partnership items
termination of partnerships for tax purposes
transactions between a partner and a partnership acting in a nonpartner capacity
treatment of partnership liabilities
purpose to provide a coherent framework for taxing partnerships and partners
relatedConcept Subchapter C
Subchapter S
check-the-box entity classification regulations
startsAtSection IRC section 701

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Subchapter C distinguishedFrom Subchapter K
Subchapter L relatedTo Subchapter K
Subchapter M interactsWith Subchapter K
this entity surface form: Subchapter K of the Internal Revenue Code
Subchapter K locatedIn Subchapter K self-linksurface differs
this entity surface form: Subchapter K of Chapter 1 of Subtitle A of the Internal Revenue Code