The MLP is a hybrid legal entity that combines elements of two business structures—a partnership and a corporation. It is considered to be the aggregate of its partners rather than a separate legal entity (like a corporation). An MLP technically has no employees. The general partners are resp...
Combining a historical understanding of the structural development with extensive current involvement in master limited partnership (MLP) transactions and ongoing analysis of MLP trends puts Vinson & Elkins in a unique position to assist our clients. V&E
most publicly traded securities are structured as corporations and taxed as separate entities. that means the corporation pays taxes on its earnings before it can share profits with shareholders as dividends . shareholders then pay taxes on the dividends they receive, creating double taxation. a limi...
MLPs are considered a type of pass-through entity: a business structured so that it is not subject to corporate taxation. However, the distributions to MLP unitholders are generally subject to income taxes. A key benefit of the partnership structure is that the income distributions are not taxed...
Specifically, Congress sought a means to stem the perceived loss of tax revenue from publicly traded partnership vehicles, as MLPs, unlike corporations, do not pay federal income taxes. More specifically, unlike a corporation, which pays taxes on its own income, the income earned by an MLP is...
How Does a Master Limited Partnership (MLP) Work? Unlike acorporation, amasterlimited partnershipis considered to be the aggregate of its partners rather than a separate entity. However, the most distinguishing characteristic of MLPs is that they combine the tax advantages of apartnersh...
Top 10 Practice Tips: Master Limited Partnerships (3 min read) By:Joshua Davidson, Baker Botts LLP If you are internal counsel to a publicly traded corporation that has decided to form a master limited partnership (MLP) and would like to become better educated about MLPs...
Considered in concert with additional testing, this suggests that parent corporation shareholders benefit from the increased ability to tunnel MLP assets. This article is protected by copyright. All rights reserveddoi:10.1111/jbfa.12557Aaron J. Mandell...
This LLC is generally a special purpose vehicle, which is itself wholly owned by a “sponsor,” frequently a publicly-traded corporation. The management and board of directors, if applicable, of the MLP are usually appointed Hypothesis development We begin our study of governance and dividend ...
Companies' Creditors Arrangement Act record for Bloom Lake General Partner Limited, Quinto Mining Corporation, 8568391 Canada Limited, Cliffs Quebec Iron Mining ULC, The Bloom Lake Iron Ore Mine Limited Partnership, Bloom Lake Railway Co... M Services - 《Industry Canada》 被引量: 0发表: 2015年...