CCA 201109020
Affected Item
ID: CCA_2011020412155037 Number: 201109020
Release Date: 3/4/2011
Office: ---
UILC: 6231.05-00
From: ---
Sent: Friday, February 04, 2011 12:15:57 PM
To: ---
Cc: ---
Subject: RE: TEFRA Issues
The failure of partners to properly compute their foreign tax credit deriving from partnership income would be an affected item. Following the partnership proceeding we would one year to assess the under reported tax, probably through an affected item notice of deficiency unless the deficiency is purely computational from the face of the partner returns.
Source: view the official PDF
Nearby sections (25 sections)
- cca-201111007 · Confidentiality and Disclosure of Returns and Return…
- cca-201111006 · Allocation of Costs to Contract (See Also 451 and 446)
- cca-201111005 · Assignment of Refund Check
- cca-201111001 · Suspension of Statute of Limitations
- cca-201110011 · Periods of Limitation on Suits (Barred v. Not Barred)
- cca-201109027 · Definitions
- cca-201109026 · Tax Matters Partner
- cca-201109025 · Common Law Tests
- cca-201109024 · Partnership Item
- cca-201109023 · Notice to Partners of Proceedings
- cca-201109022 · Penalty for Failure to Include Reportable Transaction…
- cca-201109021 · Affected Item
- cca-201109020 · Affected Item
- cca-201109019 · Tax Matters Partner
- cca-201109018 · Authority to Postpone Certain Tax-Related Deadlines by…
- cca-201108036 · Credit of Overpayment Against Any Tax Liability
- cca-201108035 · Tax Matters Partner
- cca-201108034 · Loan/Lease
- cca-201108033 · Request for Interest Netting
- cca-201108032 · Ancillary Consistent Agreements
- cca-201107024 · Exceptions to Notice
- cca-201107023 · Ancillary Consistent Agreements
- cca-201107021 · Notice to Partners of Proceedings
- cca-201107020 · Execution of Waiver on Joint Return
- cca-201107019 · Miscellaneous Issues