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  • Form 1446 2020

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Labor Standards Investigation Summary Sheet | GSA
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26 U.S. Code § 1446 - Withholding of tax on foreign partners' share of effectively connected income.

Section 1446(f) was enacted in 2017 as part of the Tax Cuts and Jobs Act (PL 115-97) and imposes a withholding obligation on transferees to withhold 10% of the amount realized on the sale or exchange of certain partnership interests.

Section 1446(f) of the U.S. Internal Revenue Code imposes new withholding and reporting requirements on sales of partnership interest. Generally, the securities affected are classified as partnerships for U.S. tax withholding purposes.

Section 1446(f)(1) requires a transferee of an interest in a partnership to withhold 10 percent of the amount realized if any portion of the gain on the disposition would be treated under section 864(c)(8) as effectively connected with the conduct of a trade or business within the United States (unless an exception ...

26 CFR § 1.1446(f)-2 - Withholding on the transfer of a non-publicly traded partnership interest. § 1.1446(f)-2 Withholding on the transfer of a non-publicly traded partnership interest. (a) Transferee's obligation to withhold.

IRS Notice 1446: Request Your Economic Impact Payment (EIP)

The rate of withholding is 37% for noncorporate partners and 21% for corporate partners. A PTP is any partnership an interest in which is regularly traded on an established securities market or is readily tradable on a secondary market, regardless of the number of its partners.

26 CFR § 1.1446-1 - Withholding tax on foreign partners' share of effectively connected taxable income. § 1.1446-1 Withholding tax on foreign partners' share of effectively connected taxable income.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232