Income Tax (Trading and Other Income) Act 2005 section 846

Overview of Part 9

Section 846 provides a brief overview explaining that Part 9 of the Act contains special rules relating to partnerships.

  • Part 9 of the Act is dedicated to special rules about partnerships
  • These rules apply specifically to how partnership income is treated for income tax purposes
  • The section serves as an introductory signpost to the detailed partnership provisions that follow
  • Partnerships are subject to distinct tax treatment that differs from other types of business structures

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.

Become a member