Firm Partners Can't Get Employment Tax Break, 2nd Circ. Says

By Asha Glover · September 17, 2026, 6:24 PM EDT

The Second Circuit held Thursday that $141.5 million in partnership income distributed to an investment company's principals was subject to self-employment taxes, following the Fifth Circuit's narrow interpretation for determining eligibility...

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Documents

Case Information

Case Title

Soroban Capital Partners LP v. Commissioner of Internal Revenue

Case Number

25-2079

Court

Appellate - 2nd Circuit

Nature of Suit

Date Filed

August 29, 2025


Case Title

Soroban Capital Partners LP v. Commissioner of Internal Revenue

Case Number

25-2250

Court

Appellate - 2nd Circuit

Nature of Suit

Date Filed

September 17, 2025