tag:blogger.com,1999:blog-14273196.post3759596418474908223..comments2023-10-18T09:22:15.168-04:00Comments on MASTER LIMITED PARTNERSHIPS: joewxmanhttp://www.blogger.com/profile/05678926303802629952noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-14273196.post-72359751871488598362011-05-09T11:17:08.402-04:002011-05-09T11:17:08.402-04:00This, from a Morningstar site I follow:
If MLPs w...This, from a Morningstar site I follow:<br /><br />If MLPs were to become taxpayers at the entity level, rather than having their incomes taxed only when allocated to individual partners, there would be no way to spin it as anything but a bad thing. Depending on how such a development would be structured, it could take a big bite out of the cash flow from which our partner distributions are paid. This is one of the risks of investing in what is otherwise an unusually stable set of income-producing securities. However, the odds of this proposal turning into actual law anytime soon strike me as practically nil. The details are vague because it may not be much more than bureaucratic chatter, but one of the more interesting points is that it would hit all pass-through entities of any size--not just MLPs but hedge funds, private equity funds, corporate joint ventures, medical practices, law firms, even law firms that specialize in lobbying Congress!Maxhttps://www.blogger.com/profile/11219115960300910682noreply@blogger.com