Post Tagged with: "IRS"

SandRidge Energy Gets Green Light for MLP Qualifying Income

SandRidge Energy Gets Green Light for MLP Qualifying Income

Uncertainty around SandRidge’s well-water treatment and disposal business is dispelled

SandRidge Energy (ticker: SD) announced that the Internal Revenue Service decided to grant it a positive private letter ruling (PLR) in an 8-K filed by the company Monday. A decision …

Source: aim.org

Proposed IRS Ruling on MLPs: Disagreement on What it Means

The IRS issued a proposed rule on the scope of qualifying income for MLPs

In April of 2014, the IRS put a temporary pause on private letter rulings (PLRs) regarding what business qualified for tax-free inclusion in energy master limited …

Source: aim.org

IRS Lifts Pause On Private Letter Rulings for MLPs

The IRS lifted the pause on issuing private letter rulings allowing companies to form MLPs with their assets

The Internal Revenue Service lifted its ‘pause’ on private letter rulings (PLRs) regarding what businesses qualify for tax-free inclusion in energy master …