MultiTax Commission

An intergovernmental state tax agency whose mission is to promote uniform and consistent tax policy and administration among the states, assist taxpayers in achieving compliance with existing tax laws, and advocate for state and local sovereignty in the development of tax policy.

State Taxation of Partnerships Work Group

At its meeting in April 2021, the Uniformity Committee took up a project on state taxation of partnerships based on the   
recommendations of the Standing Subcommittee that a work group be established to consider issues affecting: 

     1.   Sourcing of partnership operating income and partnership items for state tax purposes;
     2.   Sourcing and taxation of gains and losses from the sale of partnership interests;
     3.   Entity level taxation issues including transfer pricing or combined filing issues; and
     4.   Other administrative and enforcement issues including information reporting and withholding.  

Regular meetings of the partnership work group are currently scheduled for the third Wednesday of every month at 3:00 P.M. ET. We will send out information and post an agenda for each meeting prior to that meeting. You will be able to find that information, as well as information from prior meetings, on this page. 
If you wish to receive updates, please contact Helen Hecht.

The MTC has developed a short training on Subchapter K for state tax administrators which is available online. If you would like to sign up for that training, please contact Chris Barber.

Meeting Notice and Agenda

Agenda

Next Meeting – Wednesday, March 15, 2023 – 3:00 p.m. Eastern

I.      Welcome and Introductions

II.     Initial Public Comment

III.   Continue Discussion of Guaranteed Payments – Slides for Call

IV.   Next Steps and Upcoming Meeting of the Uniformity Committee

V.     Adjourn

 

 

Dial-in/Log-in Information 

Join from your computer, tablet or smartphone.
https://www.gotomeet.me/LilaDisque/work-group—state-taxation-of-partnerships

You can also dial in using your phone.
United States: +1 (872) 240-3412
Access Code: 208-267-469

Telephone participants will be muted if their line causes interference with the call; to un-mute your line, please press *6.
If you experience any kind of difficulty participating in the meeting, please contact events@mtc.gov.

Latest Project Documents

 Meeting Archive

Additional Information and State Guidance

Prior MTC Projects on Partnerships

General Research and Analysis

Important Federal Information

General Information:
Withholding on Sale of Partnership Interest by Foreign Partners:

Pass-Through Entity (PTE) Taxes – Information and State Guidance

General Information:
  • Article on State PTE Taxes (Wlodychak – State Tax Notes) – August 2021
  • IRS Notice 2020-75 – Forthcoming Regulations Regarding the Deductibility of Payments by Partnerships and
    S Corporations for Certain State and Local Income Taxes
State Agency Information or Legislation: