![Five changes affecting partnerships, S corporations and pass-through income (Part 2 of 2)](https://asianjournal.com/wp-content/uploads/2018/04/Vic-Portrait-Suit-4-Copy.jpg)
Five changes affecting partnerships, S corporations and pass-through income (Part 2 of 2)
Look-through rule on sale of partnership interest: Under the Act, gain or loss on the sale of a partnership interest is effectively connected with a U.S. business to the extent…