In a letter sent to the Multistate Tax Commission, the AICPA recommends updating the language in the MTC’s draft model act to match the less restrictive statutory frameworks currently enacted in many states that have already adopted QIP rules by addressing the below issues in its final language of Model Act on the Treatment of Investment Partnership Income.
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AICPA Comment Letter on Draft Model Act on the Treatment of Investment Partnership Income
Sep 12, 2022 · 276.6 KB Download
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Download the AICPA Comment Letter on Draft Model Act on the Treatment of Investment Partnership Income
File name: aicpa-comments-to-mtc-on-partnership-model-act.pdf
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