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Revision as of 08:48, 13 August 2026

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Structured Entity Tax Credit - The government is attacking an inventive scheme involving state conservation tax attributes. The strategy works by having people set up partnerships that invest in state conservation credits. The credits are eventually used up and a K-1 is disseminated to the partners who then take the credits about the personal head back. The IRS is arguing that there is not any legitimate business purpose transfer pricing for your partnership, so that the strategy fraudulent.

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