MLPA Submits Comments on §163(j) Regulations

News Article | February 27, 2019
  • On February 26 MLPA  filed comments on the proposed regulations issued by the IRS under section 163(j) of the tax code. Section 163(j), enacted in 2017 as part of the Tax Cut and Jobs Act, limits the amount of business interest expense that may be deducted by taxpayers. MLPA’s comments focus on fungibility issues and the characterization and treatment of guaranteed payments, issues of particular importance to MLPs.  To see the text of the comments, click here.

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  • MLPA Submits Comments on §163(j) Regulations

    On February 26 MLPA  filed comments on the proposed regulations issued by the IRS under section 163(j) of the tax code. Section 163(j), enacted in 2017 as part of the Tax Cut and Jobs Act, limits the amount of business...
    News Article | February 27, 2019
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    On April 13, 2018, MLPA filed comments with the Federal Energy Regulatory Commission (FERC) requesting that FERC clarify its “Revised Policy Statement on Treatment of Income Taxes” issued March 15, 2018 by finding that whether an MLP or any partnership...
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