Composite Return Partner means a Partner in a Partnership that was required to be included in a composite return pursuant to [reference to State Law or administrative authority] in the Reviewed Year.
Composite Return Partner means a partner in a partnership that was required to be
Composite Return Partner means a Partner in a Partnership that was required to be included in a composite return pursuant to [reference to State Law] in the Reviewed Year or a Subsequent Affected Year. a Subsequent Affected Year.Comment [HH4]: Definition of Partnership Level Audit includes this language already and so it is unnecessary here. See also the definition of Federal Adjustment.Comment [HH3]: The draft intends to treat administrative adjustment requests the same as partnership level audits but this is not made as clear as it should be throughout, especially since such requests are sometimes referenced and sometimes not. So this term is defined and used throughout.Comment [HH2]: Retained these definitions even though in the revised Sec. C they are not used in the section as rewritten.(RECOMMENDED) “Administrative Adjustment Request”
Examples of Composite Return Partner in a sentence
A Composite Return Partner or Withholding Partner may file its own amended [State] income tax return within one (1) year of the date its Amended State Schedule K-1 was mailed to such partner and shall be entitled to a credit or refund of [State] income tax paid or withheld on such partner’s behalf.
A Composite Return Partner or Withholding Partner may file its own amended [State] income tax return within one (1) year of the date its Amended State Schedule K-1 was mailed to such partner and shall be entitled to a credit or refund of [State] income tax paid or withheld on s uch partner’s behalf.