{"id":"https://openalex.org/W1962054593","doi":null,"title":"The Tax Consequences of Partnership Break-Ups: A Primer on Partnership Sales and Liquidations","display_name":"The Tax Consequences of Partnership Break-Ups: A Primer on Partnership Sales and Liquidations","publication_year":2013,"publication_date":"2013-07-31","ids":{"openalex":"https://openalex.org/W1962054593","mag":"1962054593"},"language":"en","primary_location":{"id":"mag:1962054593","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID2304478_code366600.pdf?abstractid=2304478&mirid=1&type=2","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID2304478_code366600.pdf?abstractid=2304478&mirid=1&type=2","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Daniel L. Simmons","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I84218800","display_name":"University of California, Davis","ror":"https://ror.org/05rrcem69","country_code":"US","type":"education","lineage":["https://openalex.org/I84218800"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Daniel L. Simmons","raw_affiliation_strings":["University of California, Davis - School of Law"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of California, Davis - School of Law","institution_ids":["https://openalex.org/I84218800"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I84218800"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T14030","display_name":"Taxation and Legal Issues","score":0.7714999914169312,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T14030","display_name":"Taxation and Legal Issues","score":0.7714999914169312,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11508","display_name":"Corporate Taxation and Avoidance","score":0.20319999754428864,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13042","display_name":"Economic and Fiscal Studies","score":0.010400000028312206,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/partnership-liquidation","display_name":"partnership liquidation","score":0.6779999732971191},{"id":"https://openalex.org/keywords/partnership-taxation","display_name":"partnership taxation","score":0.45899999141693115},{"id":"https://openalex.org/keywords/partnership-dissolution","display_name":"partnership dissolution","score":0.4180000126361847},{"id":"https://openalex.org/keywords/limited-liability-company","display_name":"limited liability company","score":0.7950000166893005}],"concepts":[{"id":"https://openalex.org/C71750763","wikidata":"https://www.wikidata.org/wiki/Q646164","display_name":"General partnership","level":2,"score":0.7853237390518188},{"id":"https://openalex.org/C158129432","wikidata":"https://www.wikidata.org/wiki/Q7766927","display_name":"Statutory law","level":2,"score":0.5827618837356567},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5513026714324951},{"id":"https://openalex.org/C169743794","wikidata":"https://www.wikidata.org/wiki/Q909695","display_name":"Limited partnership","level":3,"score":0.5426429510116577},{"id":"https://openalex.org/C2777834853","wikidata":"https://www.wikidata.org/wiki/Q96776939","display_name":"Liability","level":2,"score":0.5049949288368225},{"id":"https://openalex.org/C110121322","wikidata":"https://www.wikidata.org/wiki/Q865811","display_name":"Distribution (mathematics)","level":2,"score":0.48091933131217957},{"id":"https://openalex.org/C23678191","wikidata":"https://www.wikidata.org/wiki/Q1588658","display_name":"Limited liability partnership","level":4,"score":0.4324966073036194},{"id":"https://openalex.org/C28719098","wikidata":"https://www.wikidata.org/wiki/Q44946","display_name":"Point (geometry)","level":2,"score":0.4225218594074249},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3853602111339569},{"id":"https://openalex.org/C190253527","wikidata":"https://www.wikidata.org/wiki/Q295354","display_name":"Law and economics","level":1,"score":0.37372535467147827},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.33578842878341675},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.24462124705314636},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.1820659637451172},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.1107194721698761},{"id":"https://openalex.org/C59149807","wikidata":"https://www.wikidata.org/wiki/Q705497","display_name":"Strict liability","level":3,"score":0.1079169511795044},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:1962054593","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID2304478_code366600.pdf?abstractid=2304478&mirid=1&type=2","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null}],"best_oa_location":{"id":"mag:1962054593","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID2304478_code366600.pdf?abstractid=2304478&mirid=1&type=2","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W4225265799","https://openalex.org/W7136246219","https://openalex.org/W936008807","https://openalex.org/W4385217223","https://openalex.org/W4391661120","https://openalex.org/W7071549187","https://openalex.org/W1543402052","https://openalex.org/W2891836278","https://openalex.org/W2256103995","https://openalex.org/W2994471723"],"abstract_inverted_index":{"This":[0],"Article":[1,194,236],"is":[2,47,124,178,195,237],"a":[3,15,22,37,75,77,87,91,109,137,176,188,219,273],"practical":[4],"exploration":[5],"of":[6,10,42,56,66,74,79,98,108,120,136,142,168,175,182,187,205,214,218,263,271],"the":[7,11,40,54,72,80,94,99,105,115,143,164,173,185,193,200,206,212,224,229,232,235,243,247,252,261,269],"tax":[8,129,148,225],"consequences":[9,130,226],"alternatives":[12],"for":[13,68,260],"reducing":[14,69],"partner\u2019s":[16,81,100,138,189,220,274],"interest:":[17],"by":[18,21],"sale":[19,78,110],"or":[20,51,58,70,86,90,111,166],"liquidation":[23,97,217],"distribution.":[24],"Partnerships":[25],"and":[26,134,154,208,216,231],"limited":[27],"liability":[28],"companies":[29],"do":[30],"not":[31,238],"last":[32],"forever.":[33],"Indeed,":[34],"there":[35],"comes":[36],"point":[38],"in":[39,96,132,147],"life":[41],"many":[43],"partnerships":[44],"when":[45],"it":[46],"time":[48],"to":[49,52,83,180,198,227,241,255],"retire":[50],"eliminate":[53],"interest":[55,73,82,139,221],"one":[57],"more":[59],"partners.":[60],"There":[61],"are":[62],"essentially":[63],"two":[64],"forms":[65],"transactions":[67],"terminating":[71],"partner:":[76],"another":[84],"partner":[85],"third":[88],"party":[89],"distribution":[92,112],"from":[93],"partnership":[95,177],"interest.":[101,190,275],"In":[102,157],"some":[103,141],"cases":[104],"economic":[106],"effect":[107],"will":[113],"be":[114],"same.":[116],"The":[117,127],"binary":[118],"nature":[119],"this":[121],"choice,":[122],"however,":[123],"deceptively":[125],"simple.":[126],"variable":[128],"inherent":[131],"sales":[133,215],"liquidations":[135],"raise":[140],"most":[144],"complex":[145,249],"issues":[146,161],"law":[149],"that":[150,266],"involve":[151],"both":[152,228],"technical":[153],"numerical":[155],"challenges.":[156],"addition,":[158],"although":[159],"these":[160],"arise":[162,267],"at":[163,172,223],"reduction":[165],"termination":[167,186],"an":[169,196,203,239,257],"interest,":[170],"planning":[171],"formation":[174],"critical":[179],"resolution":[181],"questions":[183,265],"about":[184],"With":[191],"examples,":[192],"attempt":[197,240],"guide":[199],"practitioner":[201],"through":[202],"analysis":[204,250],"statutory":[207],"regulatory":[209],"rules":[210],"affecting":[211],"taxation":[213],"looking":[222],"partners":[230],"partnership.":[233],"Although":[234],"achieve":[242],"impossible":[244],"\u2014":[245,251],"simplifying":[246],"excruciatingly":[248],"article":[253],"tries":[254],"provide":[256],"analytical":[258],"foundation":[259],"myriad":[262],"difficult":[264],"on":[268],"context":[270],"removing":[272]},"counts_by_year":[{"year":2014,"cited_by_count":1}],"updated_date":"2026-09-29T14:09:16.559479","created_date":"2016-06-24T00:00:00"}