Policy paper

Mixed Membership Partnership, AIFMs and Asset Disposal Rules: guidance

Guidance for Mixed Membership Partnership, Alternative Investment Fund Managers and Asset Disposal Rules.

• From: HM Revenue & Customs
• Published: 28 March 2014

Documents

Partnerships: A review of two aspects of the tax rules

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Details

This guidance is for:

• Mixed Membership Partnerships
• Alternative Investment Fund Managers
• Transfers of assets and income streams through Partnerships

This legislation is being introduced to remove the tax advantages gained through tax-motivated:

• profit allocations to non-individual partners
• loss allocations to individual partners

Published 28 March 2014