Tax Treatment Determined at Partnership Level

The classification or character of a partnership item shall be determined at the partnership level. This section shall not prohibit the department from adjusting a partner's return.

(306.1 added July 9, 2013, P.L.270, No.52) Compiler's Note: Section 42(2) of Act 52 of 2013, which added section 306.1, provided that section 306.1 shall apply to tax years beginning after December 31, 2013.