Four Decades for Justice
On April 27, 2016, Cravath partner Andrew W. Needham participated in “Tax Planning for Domestic and Foreign Partnerships, LLCs, Joint Ventures & Other Strategic Alliances 2016,” a conference presented by the Practising Law Institute and held in Chicago, Illinois. Andy spoke on a panel entitled “Adjustments to the Basis of Partnership Assets (Sections 734, 743 and 754),” which addressed the application of the aggregate theory of partnership tax in determining the basis of partnership property for transfers of partnership interests and distribution of partnership assets, the effect of Sections 1060 and 197 and the impact of regulations implementing the 2004 Jobs Act amendments.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
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