However, unlike general partners, the limited partners are subject to certain limitations on their ability to utilize partnership losses to offset other income.

然而，与普通合伙人不同的是，有限合伙人利用合伙企业的损失抵消其他收入的能力受到一定限制。

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For income tax purposes, the general partners of a limited partnership are treated identically to the partners of a general partnership.

就所得税的缴纳而言，有限合伙企业的普通合伙人与普通合伙企业的合伙人一样。

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Thus, even though the partner would remain a limited partner for legal purposes, his or her partnership income would become subject to self-employment tax.

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Plains is organized as a master limited partnership, able to duck corporate taxes so long as it distributes income to partners.

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Kinder and Morgan set their firm up as a master limited partnership, an obscure structure that had one key advantage: no corporate income taxes.

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