H.R.2785: To amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services.

Please upgrade your Flash Player Home > Federal Government > H.R.2785 Chief Sponsor: Peter Welch Tagged in: Business, Corporation taxes, Finance, Financial services, Income tax, Investment advisers, Partnerships, Taxation Latest Update: Tuesday, December, 02nd 2008 Search Site To amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services. 6/20/2007--Introduced. Amends the Internal Revenue Code to treat as corporations for income tax purposes certain publicly traded partnerships which directly or indirectly derive income or gain from providing services as an investment adviser (as defined by the Investment Advisers Act of 1940) or asset management services. Comment on Bill - Be the first to leave a comment! Latest Actions 06/20/2007 - Referred to the House Committee on Ways and Means. Bill Text File name Last Updated H.R.2785 Introduced in House 08/31/2007

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