Statutory Compliance

US Tax Partnership Agent

Image
US Tax Partnership Agent

According to partnership audit rules put in place by the US Internal Revenue Service (IRS), all partnerships must appoint a Partnership Representative. Their role is to respond to any audit requests should they arise. The Partnership Representative then works with the IRS to coordinate matters on behalf of the partnership. ​​

This includes satisfying audit requirements by coordinating the information requested, as well as handling extensions of the statute of limitations and settling matters on behalf of the partnership. This will require working with and coordinating all third parties (partners and others) on behalf of the partnership.​

As your Partnership Representative, we can ensure you stay up-to-date on partnership audit risks, and that you'll have a partner ready to assist with any specific IRS examinations, including a team of top-notch tax specialists with experience working with the IRS who can limit tax risks and resolve audit issues.

Read More
In early 2020, it became clear that the unfolding Covid-19 pandemic would significantly affect the global economy. Economists and others began making comparisons to the financial crisis of 2008, which was fresh in the collective memory.
Whilst philanthropy has always been an area of interest for Family Offices in the Middle East, we're entering a new age of giving. 
This LIVE webinar will provide you information on the Unified Fund Exemption regime in HK, PRC tax implications for USD offshore funds, the value of outsourcing fund administration as well as the fundraising opportunities and challenges for China GPs during COVID. 
White

Contact Us

Locations
  • 4,700 Professionals
  • 85 Offices
  • 46 Jurisdictions
See all locations
Rectangle Copy Created with Sketch.