BBA Partnership Audit Rules in the Transactional Context

Tax attorney Lee Meyercord will address the Bipartisan Budget Act of 2015 (BBA) partnership audit rules at the Practising Law Institute's (PLI) Tax Planning for Domestic & Foreign Partnerships, LLCs, Joint Ventures & Other Strategic Alliances 2026 program. Ms. Meyercord will focus on BBA considerations that specifically apply to transactions, whether mergers, divisions or conversions. Her presentation will identify key issues in partnership agreements, indemnities for imputed underpayments, as well as the risks and benefits of BBA indemnities, and how to apply the BBA when a partnership terminates. Given the law's relevance for the entire life cycle of a partnership, attendees in all types and at all stages of these arrangements will gain useful insights to guide their businesses and transactions.