What Is the Rationale for the Specific Rules Partnerships Must

Multiple Choice

What is the rationale for the specific rules partnerships must follow in determining a partnership's taxable year-end?

A) To increase the amount of aggregate tax deferral partners receive
B) To minimize the amount of aggregate tax deferral partners receive
C) To align the year-end of the partnership with the year-end of a majority of the partners
D) To spread the workload of CPAs more evenly over the year
E) Both B and C