The taxation of partnerships in Canada

In discussing the taxation of partnerships in Canada, the article first gives an overview of Canada's approach to partnership taxation, the types of partnerships recognized by Canadian law and the Income Tax Act of Canada (the Act), and the status of limited partners under the Act. The article then considers specific aspects of partnership taxation, including, among others, what is recognized as a partnership under the Act, the basic regime, special rules applicable to limited partnerships, international aspects of partnership taxation, and the anti-avoidance rules and case law relating to partnerships.