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Partnerships Partnership Interests Chevron Deference

Fenwick & West LLP

Rawat Creates a Ripple in Statutory Interpretation Principles

Fenwick & West LLP on

Recently, in Rawat v. Commissioner, the D.C. Circuit reversed the Tax Court decision and held that a foreign partner would not be subject to U.S. tax on selling an interest in a partnership with “hot assets” subject to §...more

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