liquidation of a partner
Defined in 1 place of the United States Code.
For purposes of this subchapter, the term “liquidation of a partner’s interest” means the termination of a partner’s entire interest in a partnership by means of a distribution, or a series of distributions, to the partner by the partnership.
Source
- 2013–present26 U.S.C. § 761Internal Revenue Code · Terms defined · for purposes of this subchapter