US Partnership Representative Services

As a leading provider of corporate, compliance and fiduciary services to corporate and institutional clients across global financial centres, Walkers Professional Services is well-positioned to offer US Partnership Representative Services.

The US Bipartisan Budget Act of 2015 introduced new partnership audit rules, which require entities that file a partnership tax return (Form 1065) to designate a Partnership Representative to serve as the direct contact with the IRS in the case of an audit. This change is effective for tax years beginning 1 January 2018 and applies to any domestic or foreign partnership that is required to file a partnership return in the US. The Partnership Representative and any Designated Individual must maintain a "substantial presence" in the US as defined by the updated centralised audit regime.

WPS can facilitate the provision of a dedicated professional to serve as a US Partnership Representative and provide the following services:

  • Act as a designated Partnership Representative to serve as the direct contact with the IRS in the case of an audit
  • Serve as a named individual on all US partnership tax returns
  • Perform all required duties as prescribed by the US tax law if and when an audit is required
  • Consult with the General Partner of the partnership throughout all steps in the audit and work together with the partnership on any related request, documentation, filings or settlements that arise during the process

If you are interested in finding out more about our US Partnership Representative Services, you can email the team at This email address is being protected from spambots. You need JavaScript enabled to view it. or reach out to one of our experts listed in the key contacts section below.


CAYMAN ISLANDS
Anne DolanDirectorT +1 345 814 7620anne.dolan@walkersglobal.com
Karey Schreck Senior Vice PresidentT +1 345 814 7618 karey.schreck@walkersglobal.com

WALKERS FIDUCIARY SERVICES
Steven ManningDirectorT +1 345 814 7612steven.manning@walkersglobal.com