Publisher's Synopsis
"This book is about the federal income taxation of partnerships. A judge on the United States Tax Court once remarked in a judicial opinion that "[t]he distressingly complex and confusing nature of the provisions of subchapter K present a formidable obstacle to the comprehension of these provisions without the expenditure of a disproportionate amount of time and effort even by one who is sophisticated in tax matters with many years of. experience in the tax field.""-- Provided by publisher.