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
Jan Vanhoutte, Managing Director and Conducting Officer, Vistra Fund Management, examines how managers are having to carefully consider the classification of their funds under the EU’s new ESG disclosure rules
Vistra today released its first global research study on private wealth and the future of philanthropy. 
Jason Sharman, the Sir Patrick Sheehy Professor of International Relations at Cambridge University, discusses some of the shortcomings of beneficial ownership registries to date — and why it’s unlikely other regions will follow the EU’s lead in the near future.
White

Contact Us

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