Which of the following is the highest level consideration for the partnership using the tax...
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Accounting
Which of the following is the highest level consideration for the partnership using the tax year of a partner? At least one partner uses a fiscal year. The year that results in the least aggregate deferral. The year used by all partners owning or more of profits or capital At least one partner owns a majority interest in partnership profits and capital.
Which of the following is the highest level consideration for the partnership using the tax
year of a partner?
At least one partner uses a fiscal year.
The year that results in the least aggregate deferral.
The year used by all partners owning or more of profits or capital
At least one partner owns a majority interest in partnership profits and capital.
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