"While companies, close corporations and sole proprietorships are most commonly used as trading forms, partnerships are still alive and well – as is the taxation thereof. While partnerships might not be taxed as a separate entity, it is still important to know what the tax rules are that apply to the arrangement and to the individual.
Join us for an informative session that explains the tax rules for partnerships and the individuals involved therein."
"• Brief discussion on the legal considerations and types of partnerships
• The tax rules prescribing the “allocation” of income and expenses to partners, as well as the limited circumstances in which the tax rules would apply to the partnership arrangement. This discussion includes specific transactions such as member accounts, employment expenses and bad debts, as well as considerations for capital gains tax.
• Brief overview of foreign partnerships
• Considerations for VAT and employees’ tax"
Taxpayers involved in partnerships, tax practitioners, business owners, advisors and other professionals might benefit from this course.
