Tax Matters Partner

ID: CCA_2009072908314737 Number: 200939025
Release Date: 9/25/2009
Office: ---
UILC: 6231.07-00
From: ---
Sent: Wednesday, July 29, 2009 8:31:51 AM
To: ---
Cc: ---
Subject: RE: ---
The TMP designation terminates because the entity that was the TMP no longer exists under state law.
In the absence of a new designation, the general partner with the largest profits interest automatically becomes TMP under section 6231(a)(7)(B) and Treas. Reg. 301.6231(a)(7)-1(m).
The successor in interest was not a general partner for the year in issue and is, thus, not eligible.