Partnership Minimum Gain has the meaning set forth in Regulations Section 1.704-2(b)(2), and the amount of Partnership Minimum Gain, as well as any net increase or decrease in Partnership Minimum Gain, for a Partnership Year shall be determined in accordance with the rules of Regulations Section 1.704-2(d).
Partnership Minimum Gain means that amount determined in accordance with the principles of Treasury Regulation Section 1.704-2(d).
Partnership Minimum Gain shall have the meaning set forth in Section 1.704-2(b)(2) of the Regulations.
Examples of Partnership Minimum Gain in a sentence
If there is a net decrease in Partnership Minimum Gain or Partner Minimum Gain during any Partnership Year, each Holder shall be specially allocated items of Partnership income and gain for such year (and, if necessary, subsequent years) in an amount equal to such Holder’s share of such net decrease during such year, as determined under Regulations Section 1.704-2(g) and 1.704-2(i)(5).
More Definitions of Partnership Minimum Gain
Partnership Minimum Gain has the meaning set forth in Treasury Regulations Sections 1.704-2(b)(2) and 1.704-2(d).
Partnership Minimum Gain has the meaning set forth in Regulations Section 1.704-2(d). In accordance with Regulations Section 1.704-2(d), the amount of Partnership Minimum Gain is determined by first computing, for each Partnership nonrecourse liability, any gain the Partnership would realize if it disposed of the property subject to that liability for no consideration other than full satisfaction of the liability, and then aggregating the separately computed gains. A Partner’s share of Partnership Minimum Gain shall be determined in accordance with Regulations Section 1.704-2(g)(1).
Partnership Minimum Gain has the meaning set forth for “partnership minimum gain” in Treasury Regulation Section 1.704-2(d).
Partnership Minimum Gain means the amount determined by computing, with respect to each Partnership Non-Recourse Liability, the amount of gain, if any, that would be realized by the Partnership if it disposed of (in a taxable transaction) the property subject to such liability in full satisfaction of such liability, and by then aggregating the amounts so computed. Such computations shall be made in a manner consistent with Treasury Regulation Section 1.704-2 (d).
Partnership Minimum Gain. As defined in Regulations Sections 1.704-2(b)(2) and 1.704-2(d).
Partnership Minimum Gain shall have the meaning set forth in Treas. Reg. Section 1.704-2(b)(2).
Partnership Minimum Gain has the meaning set forth in Treasury Regulation Section 1.704-2(b)(2), and the amount of Minimum Gain, as well as any net increase or decrease in Minimum Gain, for a Fiscal Year shall be determined in accordance with the rules of Treasury Regulation Section 1.704-2(d).