Ray: Partnership Taxation provides an in-depth analysis of current legislation and best practice in the challenging area of partnership taxation and is essential reading for accountants, solicitors and others advising professional partnerships. The comprehensive text covers all the key areas of partnership taxation and is referenced throughout to the relevant legislation, case law and Revenue Statements of Practice. All aspects of taxation touching partnerships are covered including: * types of partnership and the partnership agreement * mixed partnerships and corporate partners owned by individuals * the complexities of partnership capital gains * mergers and demergers * incorporation and loss relief * property investment partnerships * VAT and the tax treatment applicable to overseas partnerships * personal pension scheme rules * operation of stamp duty land tax in partnerships * extensive cross-referencing of the text, with numerous worked examples