26 USC 6046A - Returns as to interests in foreign partnerships

U.S Code last checked for updates: May 06, 2024

§ 6046A.

Returns as to interests in foreign partnerships

(a)

Requirement of return

Any United States person, except to the extent otherwise provided by regulations—

(1)

who acquires any interest in a foreign partnership,

(2)

who disposes of any portion of his interest in a foreign partnership, or

(3)

whose proportional interest in a foreign partnership changes substantially,

shall file a return. Paragraphs (1) and (2) shall apply to any acquisition or disposition only if the United States person directly or indirectly holds at least a 10-percent interest in such partnership either before or after such acquisition or disposition, and paragraph (3) shall apply to any change only if the change is equivalent to at least a 10-percent interest in such partnership.

(b)

Form and contents of return

(c)

Time for filing return

(d)

10-percent interest

(e)

Cross reference

(Added Pub. L. 97–248, title IV, § 405(a), Sept. 3, 1982, 96 Stat. 669; amended Pub. L. 105–34, title XI, § 1143(a), Aug. 5, 1997, 111 Stat. 983.)

cite as: 26 USC 6046A