Solved: What can partners contribute to establish a capital, Taxation

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What can partners contribute to establish a capital

Tax Issues

In a two to three page summary, describe;

• What is the Partner's capital account?
• What can Partners' contribute to establish a capital account?
• What is the profit and loss allocations? What document is the ratio found in?
• Provide examples of different income ratios and explain why they differ.

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Taxation: What can partners contribute to establish a capital

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Taxation: What can partners contribute to establish a capital

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