Recent IRS partnership audit rules have replaced the Tax Matters Partner role, requiring partnerships to appoint a Partnership Representative for each tax year. This representative must be formally designated on the partnership’s US tax return.
A Partnership Representative is authorized to act on behalf of the partnership during IRS audits or tax examinations. To qualify for this role, the representative must maintain a substantial presence within the United States.
Atlas provides end-to-end support as your designated Partnership Representative, including:
As part of our Regulatory Compliance Solutions, Atlas delivers US Partnership Representative services that fully align with IRS requirements. Our team brings deep expertise in US tax and regulatory compliance, collaborating closely with leading US tax advisors and investment managers.
As your appointed Partnership Representative, we partner with General Partners and professional advisors to deliver a comprehensive, reliable solution, ensuring compliance, minimizing risk, and providing dedicated support throughout the process.