PAC File Best Practices | Web Security Gateway (Anywhere) | Version 7.x. A Proxy Auto-Configuration (PAC) file is a JavaScript function definition that determines whether web browser requests (HTTP, HTTPS, and FTP) go direct to the destination or are forwarded to a web proxy server.
For partners and shareholders who opt out of the composite filing, the partnership or S corporation must remit the withholding on Indiana distributions into a nonresident withholding account.
Show Me the Money. I agree, Mike, that it is likely the cash impact is the difference, $95M. The negative basis in the capital account of ($309M) can occur when the partnership has run up debt. A partner's basis in his or her interest is the sum of the capital account and the share of partnership debt.If she sells her interest for $95M and is 'forgiven' debt of $309M that leads to the $404M taxable gain.or example, a partnership interest may be purchased from one of the other partners. The payment for the interest is a private party transaction and never is reported to the partnership. The partnership has no reason to adjust the capital accounts and it has no requirement to keep track of basis.