Examlex
A research using the projective technique might ask,"What kind of athlete would wear Avia brand shoes?"
Long-term Capital Gains
Profit from the sale of an asset held for more than one year, typically taxed at a lower rate than ordinary income.
Special Allocations
In partnership taxation, the distribution of income, gain, loss, deduction, or credit to partners in a way that does not directly correspond to their ownership percentage.
Partnership Agreement
A legal document that outlines the rights, responsibilities, and profit and loss distribution among partners in a business partnership.
Partnership Interest
An individual's or entity's ownership share in a partnership, reflecting the holder’s proportionate part of the partnership's profits or losses.
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