The first master limited partnership (MLP) was formed by Apache Oil Company in 1981. In 1987 Congress legislated the rules for publicly traded partnerships in Internal Revenue Code Section 7704. MLPs ...
MLPI offers high-yield, tax-efficient MLP exposure without K-1 forms, targeting income-focused investors. Click here to find ...
MLPs complicate the income tax requirements for IRAs. An IRA is required to report and pay Unrelated Business Income Tax (UBIT) if its MLP holdings earn a certain level of unrelated business taxable ...
Some funds owe corporate income tax. Do their shareholders understand what’s going on? Try to figure this out: Most funds don’t owe any corporate income tax, but one of the few funds that does have ...