This three-day seminar has been designed by the Practising Law Institute to ensure that all attendees will benefit, from beginners to experts. The first two days will present a logical and comprehensive study of the basic framework and many important intricacies of Subchapter K, an area of the tax law that many believe can be understood only in its totality. The third day will focus on the application of partnership taxation to specific industries, including oil and gas, hedge funds and private equity funds. Throughout this intensive program, emphasis will be given to legislative, regulatory and judicial developments in Subchapter K as well as important partnership transactions, controversies and trends. Speakers from Treasury and the IRS will join a number of the more advanced panels in order to discuss cutting-edge issues.
Cooley partner Todd Gluth will be speaking at the seminar.
Featured Cooley panel:
Wednesday, June 7, 2017 2:45 pm
Distressed partnerships and the effect of debt modifications, debt workouts, and partnership bankruptcy proceedings on partners and creditors; the amount and timing of cancellation of indebtedness (COD) income; COD income exclusions; differences between discharge/workouts of recourse and non-recourse indebtedness; effect of COD income recognized by a disregarded entity; allocation of COD income; strategies to mitigate the effects of COD income; partner-level deductions for worthlessness and abandonment; final regulations under Section 108(e) (8)
Event details and registration