What does LP stand for?

Limited Partner (IRB)

This definition appears very rarely and is found in the following Acronym Finder categories:

Military and Government
Business, finance, etc.

Other Resources:

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Licorice Pizza (record) Life Partner Life Points (Yu-Gi-Oh! game) Life Policy (insurance) Life Profile Light Patrol Light Peak Light Pole Lighting Panel Lightning Protection		Limited Partnership (legal business entity) Limited Procurement Limited Product Limited Production Lincoln Park (various locations) Lincoln Prairie School (Hoffman Estates, Illinois) Lincolnshire Police (UK) Line Pair (philately) Line Patterning Line Printer

Samples in periodicals archive:

The essence of a limited partnership is that the liability of the limited partners is limited to the amount that those partners have contributed or agreed to contribute.

Limited Partnerships - Preserving Limited Liability In Foreign ...

The company will raise its distribution to 85 cents per limited partner unit, up from the previous quarter's distribution of 78 cents per limited partner unit.

Inergy Holdings, Inergy GP raise 3Q distributions

469(h) (2), an interest in a limited partnership as a limited partner is treated as presumptively passive.

Passive activity rules not presumed to apply to LLCs and LLPs

The Schedule K-1s were distributed to each limited partner and the limited partners used the numbers on it as deductions in filling out their individual returns.

Preparer liability extended

The general partner may be given discretion to distribute profits to one limited partner without benefiting others or to defer rights to profits until a certain date or trigger event.

Using Family Limited Partnerships....In Guernsey

However, because the proposed regulations are the most definitive guidance to date, many taxpayers and tax advisers have applied their definition of a limited partner to LLC members.

When is LLC income SE earnings?

An LLC member could be treated as a limited partner (and therefore not subject to self-employment tax on the LLC's income) if (1) the member was not a manager and (2) the LLC could have been formed as a limited partnership in the same jurisdiction and the member could have qualified as a limited partner in that limited partnership.

LLC members and self-employment tax

The Revenue Procedures states that the IRS will not issue a ruling that centralization of management is absent unless limited partner interests (excluding any held by partners who are general partners also) do not exceed 80 percent of the total interests in the partnership.

Partnership or corporation? Meeting the IRS requirements