On 9 August 2016, UK HMRC published a consultation document on areas concerning the tax treatment of partnership that the government has identified as unclear or producing an inappropriate outcome. The main areas and requested feedback include:
- Clarification of who is the partner chargeable to tax - feedback requested on a proposal that a person will be treated as a partner in a partnership for tax purposes if they are notified to HMRC as partners in the partnership return;
- Business struct…