Maine § 5190. - Entity not taxable

Full text of Maine Maine Revised Statutes § 5190. — Entity not taxable, with citation guidance and answers to common questions.

§ 5190.. Entity not taxable

A partnership is not subject to the tax imposed by this Part. Persons carrying on business as partners are liable for the tax imposed by this Part only in their separate or individual capacities. This section does not apply to the taxes imposed by chapters 819 and 827 or the tax imposed on partnership audit adjustments pursuant to subchapter 2.   [PL 2019, c. 380, §1 (AMD); PL 2019, c. 380, §5 (AFF).]

Related Maine Legal Topics

Frequently Asked Questions About Maine § 5190.

What does Maine Revised Statutes § 5190. cover?

Section 5190. ("Entity not taxable") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Maine § 5190.?

A common citation format is "Maine Revised Statutes § 5190." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Maine law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.

How does Maine § 5190. apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Maine.