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Title 26

26

Title overview Search title All titles

26 U.S.C. § 701.Chapter 1

§ 701

Partners, not partnership, subject to tax

26 U.S.C. § 701.Chapter 1

§ 701

Partners, not partnership, subject to tax

Title 26

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Subchapter: Partners and Partnerships

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A partnership as such shall not be subject to the income tax imposed by this chapter. Persons carrying on business as partners shall be liable for income tax only in their separate or individual capacities.

Related Legislation

(1 bill)

Bills that would modify or reference this section of law.

S-2095

PARTNERSHIPS Act

Ronald Lee Wyden

senate
house
president

6/17/2025

§ 692

Release: pl-119-73not60 (2026-01-23)

§ 702