eCourse
Use of Partnerships in the Oil Patch
Contains material from Jul 2015
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R. David Wheat
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Session 1
—59 mins
Use of Partnerships in the Oil Patch (Jul 2015)
So-called “tax partnerships” are very common in the oil patch. However, they are partnerships for tax purposes only and not for state law purposes. Understand the reasons for these tax partnerships and the traps and pitfalls that arise from their use.
Originally presented: Jul 2015 LLCs, LPs and Partnerships
R. David Wheat,
Thompson & Knight LLP - Dallas, TX