Table of contents
- Original news
- What will this change mean for law firms that are LLPs/partnerships?
- What should firms be considering or doing as a result?
- What could be the consequences of not making the necessary changes?
- What are the timescales for doing this?
- How does this development fit in with forthcoming developments in this area?
Article summary
Practice Compliance analysis: How far will removing the presumption of self-employment for limited liability partnership (LLP) partners solve the manipulation of profit/loss allocations by LLPs, and other partnerships, to obtain a tax advantage? Bruce Caldow of Harper Macleod considers the government’s proposal.
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