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    Chapter 10

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    165 views48 pages

    Chapter 10

    Uploaded by

    Harsh Khandelwal
    Chapter 10

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 48
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Aisa thiemorsing nai 3% how ar ebsites ound Hot nee ho th tity of ets ats he a Ber out how mk otal As Ne nd Sara ants aia ions, Nokes aniniemiveanitetineragts toasoomczaphoreelom Nopah Winkel gh ‘hemeta mgut Nowak tecal Osher) {epratl eon show Norah ‘ccisinally promotes ods ter viewers + treed on sued perience withthe lac Apparent oof Nop vets sen as fC Cont tess Noga es apy wih be pate that se mais mee seo ea sot 0 sks Neleae Sarde ofcourse, ia ‘rt i nov Pd Noa as eno he ut boned seal The Taxpayer Col Confer Sets LUC ovation: Sake City Ua ANGE Ni AAO Eee telly Now hey heat bow ‘Que it Nie oon ani nee Rime ee a nn pn in acta onan Sat Wales magi pret, Niland San unas eer ere nr CE PMG! scanty ots alr tacCCS ina memos S0peert Te recoascah pstion-thebasesi down toasts 510900 sa ae wot prin ips ipl Nm ee ‘eat ten —$— CONFIOMNGPAGES tap wnatanoiatine ts tei ph mmnenmagng atari pate "Néolean Sara neatly cll Grego finn om he ews Gre asta thy arto hear that Noprah il promote hele shes and sees oie nan nto 3000 Nicole thse wll ontribut 3.000, nd Sah anes pantie 0.000, ‘Theflowng couple of wack y bys witnnd of wrk phone metrgs wh Benker and production schaluling. Aer the show a, Nae nd Smt down ota about the sow ad the OCS produ pom Nope pci ue fr th show had eon pou sty, Tom Hughes romicing honoree move Goal Ware Te hd bea, sted ao atl Shown nee ihe set: Daring the show he moos he woul onder asta 00m the ost ws on Nl aod Sanh stipe order wll, Se pou, ele Nepal ad eve id nee oer tao auens, CCS Web se tale ska up andthe phone ins vere hopping wih new ose. bythe end of 2012, CCS ancl usin has comply ura around ainsi booming. the azountng ers sow a ely rota the ‘artes al cmforabl there wl none Greg dies eae tobe come. hort oe ith ig een [BASICS OF SALES OF PARTNERSHIP INTERESTS Au nen in pss cate, mf ions i ie ‘alco ther business itt. Corporat headers ys hc sek a aber ior ether ay apn era etch ena The pms cpeston a ca sae fom eer Seabourn ovatcn nor sch Sse este pes “sings paar rt ic wig us tte ote Daw-houg ate. 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Mavis tae oa the paren hal sore ne ow coer te pay teins Sessa epson {Tae stoentan cnet dep tun hs) th pre en ‘Shope ace eprops ronson naan wee eT toy Stud We dicot pele anaerin Ea fe Femoral —$- CONFIRMINGPAGES agtard estmmananesrninime =n | gay ‘UGH 10-1 Arte Sena fr Detemiing Bassin Distr rope tere Sones that Sort ihn en mae Sues Pts Oade ste Gest Than hel ass fitted Aes ee ee Sel peraemnaaigacanmene Sine ealaamen mea mumesineaee sie Seana cena _Parinerto recognize a capt Joss” cae Ste Sr go in of 5240 tn ‘Strada sono ong apart pu yey ‘se eng st 0.050 Dn a Sec 2 her oper ine nbn, cl hatin ie ei icing mate mast late al ber ute ante ited ate We ‘Hermne'm Sena ha whe he pare bts ey anos Peltier td > ConrMMNG PAGES serot | ge anpamen auc Teapot |e» eye i cern (CONFIRMING PAGES CONFIRMING RAGES mmaayanermnciomnnecininee | Bo, nme Sg setcptay tanenetbee: = Foe et ti in tr nm sett nt A a tetas {Mitten eewiemanes | $ $000 (iittaeeigatemeney | $7000 (tesco thm | moore) eoimnimemincense — | $ gam | Onin (hamid fam | ont (tiaainedonetoimmmein | $2470 | suntan sam ‘Siam ‘suas ‘ovens nope aos enmsaie siinedenn r Crate an lling Paid of latte ests Fr bsh opengl i ‘Stone dais he tre the eds stay nae ‘ar income to cpl ain for both sprained quail Sistbaione The prc pupae the ert ren te pat fm ning t= renbp onary income inca ut Sly hy ting ets Te —$- CONFIRMING PAGES a ote sams a stan hen acetate pats ses ih xr carey ate the dat, the parte (9516) an prance Forename he ray ie (Stn rman rf ya ate heron Fr end t= ‘Rc vsubioqu sl at my tne wer te Sabon wit ew ny lneome Therese ot te howeee if rac dt pal et atten oan te eat wie aye ‘taint apt gan pope abn oar tet ‘inp gecraly toes ne patois bag pnd age etc oc cn ar at a ‘ner no ponaaest Nead t ep De ‘Snipe ono ant en as ag ee tg of P20 a ot ‘20 os nny we 200 nar 140 ‘Ros Sae et sh oS pc sat we (ep ey os nt 20,05 gis of ae ‘Sti ine con oar sma aoe sete et ae tt eae anon 123.) 0 —$- CONFIRMING PAGES emmsn aisenraneont ee os su ec de eens ei ‘iste hts ct tl Spee ‘cutaneous es SE ee mac ttions pi ehininses de pn mec ee pt’ aie ens ahs SO Rinha eee ve mee se Spey aS cp ele ae Sate Et Sen ES ee ce 7 Sal ea” srr Sn a ee "Sieh ee ea Sie ug Sp tetera nd She Ree oa acca ae SRC Sah tas se en ta cecal ies pdb messed ons SHON 102 eo Ames al = feroctohinwrs| [amauta 100 on | + Special Basi Adjustment fr Dispositions {hip ie dangae ope ete’ ae he prep ns splot See Thebans jm nn espn ee ‘Soren eof he conte partner ema ape oh ‘mendes lot beset llc. The nasient sla ‘hears: erect ee inert ouse brand hs tet nade a ce et hare of pata! Te speci as astm st “34ers ac ea et Seo. _— conrmouncraces tay seen ti heart rete the alsa othe ase ude lloation rusia 75, ich ae eo the tr a te ‘rsa empresa 000 308 (Setters oer ae fooeslisaanicen) ‘etme 0 Senet on Wiesner pci sajna dei orm cena ae tat nl apt ar te wiling to pay moe fora partnership interest when th partership has $194 ‘sna np tan forone waht Spec Basis Adjustment fo istiutions ‘A sinlrpteatil bien exits we the parwerhip dubs anes othe Posies tha ep or (ors tome see ahha af tee (rn the partner set Thr euler whens prtner recon ‘in ranges buon or wens parr bane dibs pope se conrimne Pacis spa BoA, etn etm ane > mmmmonomestnaarmanpainens | go, Sie enol para pty ano ac Pe pep atti iter beso dese te asi p= esp cs A pte sda es i ashe cy Se ebm earns ching bed ope esac one ‘Son fwnce napa iio ere the aer ecemomey Iason of he od i) snd) en aro rng diane propery thar bain he pert esta the prep tas te property The fe linn ae of th pn nny rn In tsunpl Wei, CCS deat S258 ssh ea Dace 8 =u, prt maemo Bee Nh ti be St mpage rsopnse 0 sinc earn COS aise 1 nec noua postive pals aja fo he aon 350. A oct bas jst il decease the as inp as) when sper renseng doce propery so asi dan ois aos she dist and whe spre eng tl proper ak 8 ‘seth prope ner mae rica basin he ap "ie ete acct os sm fe ure ft dh ‘fom aur previous dicsson of dsiboson ht sete ase ao ne ts Oy hd ii oo 4 “Frame 101, CCS quid Grp ot pect ns fy desbting aso 2800s venta rem! a of 608 ete baat [TStsm ees Grp ute basco desng ee ee 0) tar reer than the arn the tes the pops stibutd(288,000, ‘Gr repnsed' oof Fe ome un VCS A octan (Gest unc a he guasten, CCS wos He npune bs esmet weit Ate sat putin dpaions te lotion hcl ae Ubu paren bpm wel ne ez ase et The fone aig ane don pd nS ‘CONCLUSION The tax or parte dono and dasbaon re nog the mes ‘cin tela Reve Cade Ths oer pone ak oon fee ‘inset Need akon {tof ihe purchase to sw nestor In ngs, dasa bow bt ete Imps alee xn ore The cpr acpi th ba or dtr Ince tesent ara tats. Tested phy Sleon might it he tei bain szalowsae ara ret dps odin Ipc te ene atigediocmdbrng hme was ac ror ba et ‘onechalgingaeaons — CONFIRMING PAGES - CONFIRMING PAGES CONFIRMING PAGES sc aptar| tthe tee —h——eneitatanmsametnnete | way ‘ (onan DISCUSSION QUESTIONS 1.40 Sey pee oun of Lappy LIC. Heolangr nano be halite bas What opin ec cy eo the buns 2 (hen) Comparand const te abet and iy epoucbes fra ale of Sete ee 3. (Unt) What eon might pret parte fl ling i arenip nett sid pan 4 (an) Espn bow a nes de fess amoant ee in asale 5 (Ln) Unde wat canst wither een the lo tne ‘Spiers bechancined econ Serta cp 6 (us) What ae ora abd ya they nora eae prs Spier 1-8) Foran acim pntehin we son reine ose 1 (Un) Cans panenhp ave unelaed wcabiithasn scoue 9. Ho oi et tet he ce in or onthe le 10 (hn) Under wt cumstances cana per ngs bth inant Saree aparsetip tres 11 (Uo) Absent ay sil etn, wha eet doa of pares ee ‘Sthncom he parent dy Geet ena priced eet eres ce oe ‘Ser of he patentee Und ws crema wl tb 13. (102) What niger operating om ging Stren? (8 Und bt cms rer ene gn en a8 op 15 (Uns rama per ein no 16 (1 pes wat ti dsm pein ssn oe 17 (09) I pret ute hss etn he parr i ba in {itu ets bon drs te pare erm hsb Ghee 1.) Ut trond wip sein ng 1. (‘Une odin i prt spi hn aia 20,04 Desi how a ane dete is basin a net inc {netics parerip Suter oy mone, entny oder nea Te ‘Sinha ies tion 2a) Ho et ti a re ut se 2.05 SHE prt darn $00 ah ans aa an wih ‘Sure uo Stand $2510 basa hepatic a Wa i Sano rer rg eb ee 6 covrimne sons ponte eesnet tt ems —P— ——manonnarancrmnuinniretio | gq 25, os) Dic the ender cone aol akon SGD pcs ma rar an ha othe preg ie 24 195 ter dt ogo dn eet a 25. (00) Wy woul ae aon no ys oreo prechipieeshan Se planing Tbesng a outs aa oe prt el bass 24 10) Liu coon tn ha wens parr an 27 90) ay apna minx an onan 50 2.00) When nih ey ares atom pm sain loving 29, (09) Av psa ss ans dary? 0, ben? PROBLEMS. 50, Lon Jory 30 pet panei th ME Pati ube esl Ne Weimar to ae tr aktae Ai titine fee rye Uintah sos neta Socarb ante Wat ei rte oo beset hres 51005) fey ina 30 part urine OM Pari wn be er “nJoMts $4.00 (which nlades he $600 share of JOM Tabi), + $M dcr et haan oc ste Wh ls gin oto the sa 22/0) Aton, Kt, a Seen i oa cu nein KAS Pacer ‘hp eaeadsyenresd steht Ou haut {eeu a, ‘Sheth pray ieoes 2Tn. Durng ry ary ‘Nera gettss8 00 ef ovina come sad SSD tae ‘team On Mache eli arn ire tanh ‘omc of 500 Tepes he fooway ass ado abs 1. Assuming KAS opening genni for nr sing he Inherent on March ju peso let ty Whats an/chanaerot Ser pet pn oro ese? Wooten alas the pepe SL Wt the pees tn the ets wight 2, 089 Gi a Cacao egainotin CIC ‘ites seers cence ety On may eae ‘ae yen aman ns pnp ites 620 Feta ‘ae thejaecaip enn S00 fry ome ad 9010 ‘nce ore fcrmonbe ef eens CONC panera S200 oF —— CONFIRMING RAGES ttn coming annie P= ommmtnanaimrsnteseinems | goa cela non dn hdd inoue On ee, esl i paren ‘Sema pne h.Tepretipba ie (serine ison ee a mm = aus + Aung CHIC nega ove he ron method © IFIHC wes in dai fhe oaks vai he mot a Character of has empl gis orlosson he ake (400) hee fs ye Lis, 38 pee pain the epson ‘Bement Mayan cach ayn o S00 as en 4 Whats seus and racer of Lin opie gi oeson hese SIPLAMEC Sanne malas en oh + (404) Mary, Ce aed Dang Path (senda ‘ste omni ae Exh an ‘her ain mee S105 On Tey earn ee Moco si peep ners toy ora aah pment 37.80. = Fae ee Somcinct ‘sam ‘na ia mm aie ‘hse wa pacha 240 a te partner ba taken ‘4p depen: Tesi wae pone ten ear 08 A What aretha 5 fo hiss? 4 Way nseand cud bs the prueipan he da of (401) Frnt eon ad Wasaga omed the aden Parte ‘Scr yng Eh > conrimmusc races spas aoeananecntren sn manent —— ——amancencanceminieaetnats | gq, Only (of theca yar ann metres ‘aos ash bac 1220. The pense ling ‘ote oda inter art th le se 8 ‘an aut Baer “Te einent ws prt fr 2400 ade parce ha ke cdo depos: he ox warps en eaten 17. Lo) Tes at Al Wert panei be Tea Pain ‘i dessa ine te csr pace Al weg a er ret (Great nha a fora Bee oe Alas (Chas anie perp tere, chag her 0 re he ‘utcpaites Hs acon the alec ons a Fam a8 a ie =| aaa 1 Wins Alas iron peepee 18. Lon) Newtons onnerf Paki Paenntin Nevin a ded ‘Gratien thebnmento Bt SV hse ono ‘Site! Potzbhes Aten Ncw ta it ab gil ve hie ‘Whose amount nd sartr of Newton espe gin ol? a CONFIRMING PAGES apt asain ten <—tattttret tn cuatiteecetna eeaey erate prmtcee teeuar tye ‘cies eee rin ear Seis Ses as ecco "Telechtcnd noha sdnrt 4 Stand oe bay magni crepe fee fee eee ne = 8s Fro 200000 (a ame 1. What the amount and sharif at ested ein or? Whats Lars emi a ine pareship ees 4, (63) Ada an Al ae pare inte aio Prnentin. The pa eee th prtontips yrs ago coming uh Por omy or ‘eo tepurncs ine long cs mth pcp cc ‘OnDecen 3 of he creat ete paresip mikes po aa opera fete (esr s. Whats te noun and chara Ade cogs uno a 1 Whats Ada maiingtash in ipa ee > CONFIMUNGEAGES «apt ttn tnt =$———mumonayanniaianmanasiinene | 94 4 Whats Also ens as nb prmshipinee? 4 9) Kara $0 inter oe peepee te ‘eh are ae ef $3000 atid tas ote ptteshp of $1800 1s Wat theamonn aed chance of Karen gin os? 4. (an Panta aa nding tae A) nt en (ermal cease ray stg une ‘pectic creda ons pee a Tiida fmt tne a oee ee protien ‘shen he 51st poetic hab) 1 Wi ese ad cancer of a spin oo? Wa ns 4009 To yemaun aay baie pwn KS Pe Seam Sibiu ae marker alee On hanya er Kite bs $1500 satan nett cate poner pasa ‘Soot Onion 1 Kay een sea cute a n ‘cot nthe ces ti th 14150 baad a SIS a 4 1 Whar ithe mnt and hrc Knut opie ns oo Tediendao 1 Wha Kier eign KS afer he bon? «ac EST bed nbc te Ray 45, 4) Rares on-arerpacerinheAcventiePanenhin. On ‘Satya ice aves daria $13 p00 chon ‘ities ath tec te craon Rots ass partes eres. ssi 1 Wat heat aa chnter of Rar gid einorloa? tf ests S000 tron ete thn 1830, a ite nnoun achat of Rte eapnae us a? 46, (4.0) The Tau Patti aka yearend) ase aing 508 amber Ht he cre ear ten uot boy suet ‘on Desi 3 Tan ste 1S ct S00 ERY) fans ‘and $8 GMV} oferty o Lams ene pate e —$- CONFRMINGPAGES xd pte naan tnt b——— mamtatnnmninentiein | 59, eran af er utente ahi eprint ‘ada prot data S00 1 Wat the cunt and hart of Whats Eno’ asin dr ass? © ems afr tba na SS00 ahr hn 4010, ‘hats Ends epi gain olsun wat be ass ei 1, (404) Melisa, Nl ad Re req parsers sh Op Paresip {teen Mtn dese ole the arte ‘Eten Te pte hls en el coin ‘ber partnership interes of $25,000 1s What Maton sin te rite set? © Whatarehe tas mpcatons amar an charac of ai oct bso asc) So Mela er utd hi 00 ther thinset 46 (60) Ala S0 pean pre he Tae Pent a ladacycend {9 On aA a tds cine Teo SA, itSidee On Decnter i, Fane mater poporona buono he Fain ucts Alo ime parti ces ines vo = ae 1 Whatare thea conequens i oro basi ase of edi 4 rasa he tenor fu ene af tition fo S00, bas ‘enmot ad charter heed gun rut > CONFIRMINGRAGES asta oe ce 1 04 isin oP 8508 te oot [ahaha nema lst Sng anda tatiana Tab ‘un ih fr ae eo $0.0 a se ono igen. soo are aces (404) Mean a abo real prin the J Patehip {eth ev pare ud en cyte, ha ete Constcs to Dalam anche pn se ba Set sa (cSendneyenrend nay Om nsary theca ya hey dee ‘Sut ite oraers Mapas tan hor aries mne10000| Ube $8 Tews praesent te ‘Sacco aes. Eo {O8) yc bse Mk Harner $00 Ina pono Testing driuton, Eye ree olowingasess fois ie 1 Whats Bes bss edt ses (404,105) Bela Panes san ene! pros in hh ah ote plein frrersinenssintr parsnip att of 10, Bala pre : ies tae eo ui CONFIRMING PAGES - CONFIRMING PAGES CONFIRMING RAGES —cptara maerereginasiaramswariatsets| E04 § Corporations ‘gon competing this ape, you shoal beable te: $ Dewi het pce se #copeaon $ Explain the events that terminate the comportioneeton Describe operating ites rating oS corporation accounting period and methods and expai income ad os allocations a separately stated tems Esplin stock bass calculations los lmitations, determination of selemplayment income, and fringe benefit rls that apy {0 corporation shareholders ly the tax rules for S corporation operating istibatons sd iqudating disttons Describe the tase that apply tS corporations etinated requirements an tax return fling requires CONFIRMING PAGES

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