The partnership distribution rules create disparities between inside and outside basis in two common situations: (1) when the distributee partner recognizes gain or loss[8] on a distribution and (2) ...

It’s not looking good in the House, as Speaker McCarthy has struggled to bring certain members of the majority into line, while more moderate members of his party have displayed a willingness to reach ...

NEW YORK--(BUSINESS WIRE)--Altaba Inc. (“Altaba” or the “Fund”) today announced that the Board approved a liquidating distribution of $0.20 per share of the Fund’s common stock, par value $0.001 per ...

BOSTON, Oct. 29, 2025 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) (the "Fund") announced today that the Fund liquidated as planned on October 29, 2025, and the proportionate interests of ...

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) announced today that its Board of Trustees has authorized an initial cash liquidating distribution of $19.00 per common share ...

Evercel, Inc. (the “Company”) announced today that it would continue to implement its Plan of Liquidation and Dissolution by making an additional cash liquidating distribution to the Company’s ...

Upon payment of the final liquidating distribution by each fund, all outstanding shares of the fund will be redeemed without the imposition of any redemption or other transaction fees. Each ...

The Board of Directors has declared an initial liquidating distribution of $22.00 per share, totaling approximately $203 million, providing significant immediate returns to shareholders. This initial ...

The IRS and Treasury have now finalized regulations that require partnerships to disclose information about certain transactions involving distributions and transfers of partnership interests and ...

Last month, the agency revised the draft 7217 with the title "Partner's Report of Property Distributed by a Partnership." This is a new form for distributions to partners during tax year 2024. The ...