26 U.S.C. § 6223 | Partners bound by actions of partnership

(a)

Designation of partnership representative

Each partnership shall designate (in the manner prescribed by the Secretary) a partner (or other person) with a substantial presence in the United States as the partnership representative who shall have the sole authority to act on behalf of the partnership under this subchapter. In any case in which such a designation is not in effect, the Secretary may select any person as the partnership representative.

(b)

Binding effect

A partnership and all partners of such partnership shall be bound—

(1)

by actions taken under this subchapter by the partnership, and

(2)

by any final decision in a proceeding brought under this subchapter with respect to the partnership.

Pub. L. 114–74, title XI, § 1101(c)(1)Nov. 2, 2015129 Stat. 627(Added , , .)

Editorial Notes

Prior Provisions

Pub. L. 114–74, title XI, § 1101(a)Nov. 2, 2015129 Stat. 625Dec. 31, 2017Prior sections 6223 and 6224 were repealed by , (g), , , 638, applicable to returns filed for partnership taxable years beginning after .

Pub. L. 97–248, title IV, § 402(a)Sept. 3, 198296 Stat. 649Section 6223, added , , , related to notice to partners of proceedings.

Pub. L. 97–248, title IV, § 402(a)Sept. 3, 198296 Stat. 651 Pub. L. 107–147, title IV, § 416(d)(1)(A)Mar. 9, 2002116 Stat. 55Section 6224, added , , ; amended , , , related to partner participation in administrative proceedings, waiver of partner’s rights, and settlement agreements.

Statutory Notes and Related Subsidiaries

Effective Date

Dec. 31, 2017section 1101(g) of Pub. L. 114–74 section 6221 of this titleSection applicable to returns filed for partnership taxable years beginning after , with certain exceptions, see , set out as a note under .