36 §5190. Entity not taxable
§5190. Entity not taxable A partnership is not subject to the tax imposed by this Part. Persons carrying on business as partners are liable for the tax imposed by this Part only in their separate or individual capacities. This section does not apply to the taxes imposed by chapters 819 and 827 or the tax […]
36 §5191. Resident partner — adjusted gross income
§5191. Resident partner — adjusted gross income 1. Modification in determining the adjusted gross income of a resident partner. Any modification described in section 5122 which relates to an item of partnership income, gain, loss or deduction shall be made in accordance with the partner’s distributive share, for federal income tax purposes, of the item […]
36 §5192. Nonresident partner — adjusted gross income from sources in this State
§5192. Nonresident partner — adjusted gross income from sources in this State 1. General. In determining the adjusted gross income of a nonresident partner of any partnership, there shall be included only that part derived from or connected with sources in this State of the partner’s distributive share of items of partnership income, gain, loss […]
36 §5195. Definitions
§5195. Definitions As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 2019, c. 380, §2 (NEW).] 1. Administrative adjustment request. “Administrative adjustment request” means an administrative adjustment request filed by a partnership pursuant to the Code, Section 6227. [PL 2019, c. 380, §2 (NEW).] […]
36 §5196. Reporting federal adjustments; partnership-level audit and administrative adjustment request
§5196. Reporting federal adjustments; partnership-level audit and administrative adjustment request 1. General rule. Except in the case of final federal adjustments required under federal law or regulations to be taken into account by the partnership in the partnership return for the adjustment year or other year, a partner shall, in accordance with section 5227‑A, report […]
36 §5197. Extensions of time
§5197. Extensions of time The time periods provided for in this subchapter may be extended: [PL 2019, c. 380, §2 (NEW).] 1. Automatically for 60 days. Automatically, upon written notice to the assessor, by 60 days for an audited partnership or tiered partner that has 10,000 or more direct partners; or [PL 2019, […]
36 §5198. Rules
§5198. Rules The assessor may adopt rules governing the treatment of part-year residents and other rules necessary to implement this subchapter. Rules adopted under this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A. [PL 2019, c. 380, §2 (NEW).] SECTION HISTORY PL 2019, c. 380, §2 (NEW).