Transfer of interest in partnership

[Jupiter Button]

Does anyone have any views on whether a straightforward change in prroperty sharing ratios between two partners is a Type A or Type B transfer for the purposes of para 14?

I first thought that it would be Type B because there was no consideration in money or money’s worth but is there a possibility that the partner is providing services by virtue of being carrying out his duties/services as a partner?

[Author]

Posts