The first master limited partnership (MLP) was formed by Apache Oil Company in 1981. In 1987 Congress legislated the rules for publicly traded partnerships in Internal Revenue Code Section 7704. MLPs ...
MLPI offers high-yield, tax-efficient MLP exposure without K-1 forms, targeting income-focused investors. Click here to find ...
MLPs complicate the income tax requirements for IRAs. An IRA is required to report and pay Unrelated Business Income Tax (UBIT) if its MLP holdings earn a certain level of unrelated business taxable ...
Some funds owe corporate income tax. Do their shareholders understand what’s going on? Try to figure this out: Most funds don’t owe any corporate income tax, but one of the few funds that does have ...
It has been a rough three years in the energy sector. We all witnessed the precipitous decline in oil and gas prices and the wide-spread carnage that followed. As of July 2017, about 130 oil and gas ...
Master limited partnerships—a proven business model for pipeline and other midstream petroleum companies—are known for aggressively acquiring assets. Now, say analysts, the MLP sector faces a round of ...
The main difference between a master limited partnership (MLP) exchange-traded fund (ETF) and an MLP exchange-traded note (ETN) is the tax consequence for distributions from each asset. Both MLP ETFs ...