{"id":37090,"date":"2021-06-30T22:16:00","date_gmt":"2021-06-30T22:16:00","guid":{"rendered":"https:\/\/www.dinsmore.com\/?post_type=publications&#038;p=37090"},"modified":"2025-11-21T17:15:12","modified_gmt":"2025-11-21T17:15:12","slug":"the-mtc-undertakes-an-ambitious-study-of-partnership-taxation","status":"publish","type":"publications","link":"https:\/\/www.dinsmore.com\/publications\/the-mtc-undertakes-an-ambitious-study-of-partnership-taxation\/","title":{"rendered":"The MTC Undertakes an Ambitious Study of Partnership Taxation"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.dinsmore.com\/wp-content\/uploads\/2021\/06\/TB-1.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>Dinsmore&nbsp;partner Kelvin Lawrence&nbsp;was published in Bloomberg Tax with co-author&nbsp;Bruce P. Ely from&nbsp;Bradley Arant Boult Cummings LLP.&nbsp;Their article, &#8220;The MTC Undertakes an Ambitious Study of Partnership Taxation,&#8221; discusses&nbsp;the Multistate Tax Commission (MTC) Uniformity Committee&#8217;s&nbsp;work group they created to study issues related to multistate taxation of pass-through entities. Kelvin and Bruce review what could come from the project and if it will be beneficial to states and taxpayers. An excerpt is below.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><em>On April 27, 2021, the Multistate Tax Commission (MTC) Uniformity Committee voted to accept its Standing Subcommittee\u2019s recommendation to create a work group to study several key issues relating to multistate taxation of Internal Revenue Code Subchapter K entities classified for income tax purposes as partnerships and their partners (including multimember LLCs and their members).<\/em><\/p>\n\n\n\n<p><em>The work group held its organizational meeting via conference call on June 15, with the indefatigable Helen Hecht, MTC Uniformity Counsel, chairing the meeting. A new&nbsp;<a href=\"https:\/\/www.mtc.gov\/Uniformity\/Project-Teams\/Partnership-Tax\">website<\/a>&nbsp;has been established for this project.<\/em><\/p>\n\n\n\n<p><em>Tax practitioners, taxpayers, and state tax administrators will be watching its work with great interest, as many regard partnership taxation as the most complex area of both federal and state taxation. It is widely believed that eventual MTC action on this topic may have a major impact on taxpayers and states alike.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Click the link below to read the full article.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/news.bloomberglaw.com\/daily-tax-report\/the-mtc-undertakes-an-ambitious-study-of-partnership-taxation\">https:\/\/news.bloomberglaw.com\/daily-tax-report\/the-mtc-undertakes-an-ambitious-study-of-partnership-taxation<\/a><\/p>\n\n\n\n<div class=\"wp-block-group post-resources-wrap has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading\">Resources<\/h2>\n\n\n\n<p><a href=\"https:\/\/news.bloomberglaw.com\/daily-tax-report\/the-mtc-undertakes-an-ambitious-study-of-partnership-taxation\">The MTC Undertakes an Ambitious Study of Partnership Taxation<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dinsmore&nbsp;partner Kelvin Lawrence&nbsp;was published in Bloomberg Tax with co-author&nbsp;Bruce P. Ely from&nbsp;Bradley Arant Boult Cummings LLP.&nbsp;Their article, &#8220;The MTC Undertakes an Ambitious Study of Partnership Taxation,&#8221; discusses&nbsp;the Multistate Tax Commission (MTC) Uniformity Committee&#8217;s&nbsp;work group they created to study issues related to multistate taxation of pass-through entities. Kelvin and Bruce review what could come from the\u2026<\/p>\n","protected":false},"author":8,"featured_media":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"tags":[],"publication-type":[8],"class_list":["post-37090","publications","type-publications","status-publish","format-standard","hentry","publication-type-articles"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The MTC Undertakes an Ambitious Study of Partnership Taxation - Dinsmore &amp; Shohl<\/title>\n<meta name=\"description\" content=\"The MTC Undertakes an Ambitious Study of Partnership Taxation Read insights and legal analysis from attorneys at Dinsmore &amp; Shohl LLP.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dinsmore.com\/publications\/the-mtc-undertakes-an-ambitious-study-of-partnership-taxation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The MTC Undertakes an Ambitious Study of Partnership Taxation\" \/>\n<meta property=\"og:description\" content=\"The MTC Undertakes an Ambitious Study of Partnership Taxation Read insights and legal analysis from attorneys at Dinsmore &amp; 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