All Collections
Fees, taxes and other legal stuff
Tax on Publicly Traded Partnerships (PTP) starting in 2023
Tax on Publicly Traded Partnerships (PTP) starting in 2023
Mostafa Gamal avatar
Written by Mostafa Gamal
Updated over a week ago

Tax on Publicly Traded Partnerships (PTP) starting in 2023

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have introduced new rules about taxes for foreign people or companies that own certain types of investments called “Publicly Traded Partnership Securities.” These rules will start on January 1, 2023.

What impact will this have on me?

  • Beginning on January 1, 2023, the new regulation requires withholding 10% of gross proceeds from sales of PTP securities and certain distributions by PTPs.

  • The transactions and related withholding tax will also be reported on Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding.

  • This new PTP withholding tax is separate from the existing 37% withholding for individuals and 30% withholding for entity accounts on payments of U.S. source dividends, interest, and other income related to PTP securities.

  • For more detail regarding Section 1446(f) regulations, please review the information available online on the IRS website: www.irs.gov/individuals/international-taxpayers/partnership-withholding and https://www.irs.gov/pub/irs-drop/n-21-51.pdf

You can find the preliminary list of stocks being affected by the new regulation below:

Symbol

Name

AAAA

AP ALTERNATIVE ASSETS LP

AB

ALLIANCEBERNSTEIN HOLDING LP

AC

ALLIANCE CAP MGMT LP

ACE PRB

CAPITAL RE LLC: 7.65% CUM "MIPS"

ACP

AMERICAN REAL ESTATE PTNR-LP

ACP PR

AMERICAN REAL ESTATE PRTNRS: ACP PR

AFREZ

AMERICA FIRST REAL ESTATE INVESTMENT PARTNERS

AGQ

PROSHARES ULTRA SILVER

AHGP

ALLIANCE HOLDINGS GP LP

AIA

AMERICAN INSD MTG INVS

AIJ

AMERN INSD MTG INVS L P 86

AIK

AMERN INSD MTG INVS L P 88

AIRL

AIRLEASE LTD

ALDW

ALON USA PARTNERS LP

ALT

ISHARE DIVERSIFIED ALT TRUST

ANDX

ANDEAVOR LOGISTICS LP

APL

ATLAS PIPELINE PARTNERS LP

APL PRECL

ATLAS PIPELINE PARTNERS, L.P. CUMV

APLP

ARCHROCK PARTNERS LP

APO

AMERICAN COMMUNITY PROPERTIE

APO PRA.O

APOLLO MANAGEMENT LLC

APO PRB.O

APOLLO MANAGEMENT LLC

APU

AMERIGAS PARTNERS-LP

ARCX

ARC LOGISTICS PARTNERS LP

ARES PRA.

ARES MGMT LP PFD UNIT SER A

ARLP

ALLIANCE RESOURCE PARTNERS

ARNPQ

ATLAS RESOURCE PARTNERS

ARPJQ

ATLAS RESOURCE PARTNERS LP

ARPPQ

ATLAS RESOURCE PARTNERS

ATAX

AMERICA FIRST MULTIFAMILY IN

ATLS

ATLAS ENERGY LP

ATN

ATLAS ENERGY RESOURCES LLC

AZLCZ

AZTEC LAND & CATTLE LTD

AZURQ

AZURE MIDSTREAM PARTNERS LP

BAR

DIREXION DAILY GOLD BULL 3X

BARS

DIREXION DAILY GOLD BEAR 3X

BBEPQ

BREITBURN ENERGY PARTNERS LP

BBPPQ

BREITBURN ENG PARTNERS LP CUM REDEE

BBU

BROOKFIELD BUSINESS PT-UNIT

BDRY

BREAKWAVE DRY BULK SHIPPING

BEP

BROOKFIELD RENEWABLE PARTNER

BEP PRA

BROOKFIELD RENEWABLE PAR

BEP.UN

BROOKFIELD RENEWABLE PARTNER

BGH

BUCKEYE GP HOLDINGS LP

BGIO.ESC

ESC BGIO LIQUIDATION TRUST

BHL.ESC

BLACKROCK DEFINED OPPORTUNIT - ESCROW

BIP

BROOKFIELD INFRASTRUCTURE PA

BIP PRA

BROOKFIELD INFRASTRUCTURE PARTNERS LP

BIP PRB

BROOKFIELD INFRASTRUCTUR

BITW

BITWISE 10 CRYPTO INDEX FUND

BKEP

BLUEKNIGHT ENERGY PARTNERS L

BKEPP

BLUEKNIGHT ENERGY PARTNERS - SERIES A PREF UNIT

BNO

UNITED STATES BRENT OIL FUND

BNPC

STREAM S&P DYN GLOBAL COMM

BOIL

PROSHARES ULTRA BLOOMBERG NA

BPL

BUCKEYE PARTNERS LP

BPMP

BP MIDSTREAM PARTNERS LP

BPY

BROOKFIELD PROPERTY PARTNERS

BPYP.PR.A

NEW LP PREFERRED UNITS CAD

BPYPM

NEW LP PREFERRED UNITS CAD

BPYPN

BROOKFIELD PROPERTY PART

BPYPO

BROOKFIELD PROPERTY PART

BPYPP

BROOKFIELD PROPERTY PART

BSM

BLACK STONE MINERALS LP

BWP

BOARDWALK PIPELINE PARTNERS

CAG PRB

CONAGRA CAP L C: CAG PRB

CANE

TEUCRIUM SUGAR FUND

CAPL

CROSSAMERICA PARTNERS LP

CCAP

CONVERSUS CAPITAL

CCLP

CSI COMPRESSCO LP

CCR

CONSOL COAL RESOURCES LP

CEQP

CRESTWOOD EQUITY PARTNERS LP

CEQP PR

CRESTWOOD EQUITY PARTNER

CFD

NUVEEN DIVERSIFIED COMMODITY

CHC

CHARTERMAC

CHKR

CHESAPEAKE GRANITE WASH TRUS

CIFC

CIFC LLC

CLMT

CALUMET SPECIALTY PRODUCTS

CMD

PROSHARES ULTRASHORT BLOOMBE

CMDT

ISHARES COMMODITY OPTIMIZED

CMLP

CRESTWOOD MIDSTREAM PARTNERS

CNPP

CORNERSTONE PROPANE PARTNERS

CNXM

CNX MIDSTREAM PARTNERS LP

CORN

TEUCRIUM CORN FUND

CPER

UNITED STATES COPPER INDEX

CPNO

COPANO ENERGY LLC-UNITS

CPPL

COLUMBIA PIPELINE PARTNERS L

CQP

CHENIERE ENERGY PARTNERS LP

CROC

PROSHARES ULTRASHORT AUD

CRPPE

CROWN PAC PARTNERS L P

CRUD

TEUCRIUM CRUDE OIL FUND

CSD PRA

CADBURY SCHWEPPES DEL L P

CTF

NUVEEN LONG/SHORT COMMODITY

CVRR

CVR REFINING LP

CWPS

CONWEST PARTNERSHIP LP-UNITS

DBA

INVESCO DB AGRICULTURE FUND

DBB

INVESCO DB BASE METALS FUND

DBC

INVESCO DB COMMODITY INDEX T

DBE

INVESCO DB ENERGY FUND

DBO

INVESCO DB OIL FUND

DBP

INVESCO DB PRECIOUS METALS F

DBS

INVESCO DB SILVER FUND

DBV

INVESCO DB G10 CURRENCY HARV

DCP

DCP MIDSTREAM L.P.

DCP PRB

DCP MIDSTREAM LP

DCP PRC

DCP 7.95 PERP PFD - DCP MIDSTREAM LP

DCR

MACROSHARES OIL DOWN TRADEABLE

DEFI

HASHDEX BITCOIN FUTURES ETF

DEP

DUNCAN ENERGY PARTNERS LP

DGL

INVESCO DB GOLD FUND

DKL

DELEK LOGISTICS PARTNERS LP

DMLP

DORCHESTER MINERALS LP

DMM

MACROSHARES MAJ MET HOU DOWN

DNO

UNITED STATES SHORT OIL FUND

DOY

MACROSHARES USD 100 OIL DOWN

DQ PRA

DUQUESNE CAP L P

ECSPQ

ENRON CAPITAL RESOURCES 9% CUM RED PFD

ECTM

ECA MARCELLUS TRUST I

ECTPQ

ENRON CAP LLC

EEP

ENBRIDGE ENERGY PARTNERS LP

EFSH

1847 HOLDINGS LLC

EMESQ

EMERGE ENERGY SERVICES LP

ENBL

ENABLE MIDSTREAM PARTNERS LP

ENGY

CENTRAL ENERGY PARTNERS LP

ENLK

ENLINK MIDSTREAM PARTNERS LP

ENP

ENCORE ENERGY PARTNERS-LP

EPB

EL PASO PIPELINE PARTNERS LP

EPD

ENTERPRISE PRODUCTS PARTNERS

EPE

ENTERPRISE GP HOLDINGS LP

EQGP

EQGP HOLDINGS LP

EQM

EQM MIDSTREAM PARTNERS LP

EROC

EAGLE ROCK ENERGY PARTNERS

ESBA

EMPIRE STATE REALTY OP LP-ES

ET

ENERGY TRANSFER LP

ET PRC

ENERGY TRANSFER LP

ET PRD

ENERGY TRANSFER LP 7.625% PERP PFD

ET PRE

ENERGY TRANSFER LP 7.6% PERP PFD U

ETP

ENERGY TRANSFER OPERATING LP

ETP PRC

ENERGY TRANSFER PARTNERS

ETP PRD

ENERGY TRANSFER PARTNERS

ETP PRE

ENERGY TRANSFER OPERATNG

EUO

PROSHARES ULTRASHORT EURO

EVEPQ

EV ENERGY PARTNERS LP

EXLP

ARCHROCK PARTNERS LP

FELPQ

FORESIGHT ENERGY LP

FGPR

FERRELLGAS PARTNERS-LP

FGPRB

FERRELLGAS PARTNERS LP-B

FGPRQ

FERRELLGAS PARTNERS-LP

FISK

EMPIRE STATE REALTY OP -S250

FOL

FACTORSHARES 2X: OIL-S&P500

FSA

FACTORSHARES 2X: TBD-S&P500

FSE

FACTORSHARES 2X: S&P500-TBD

FSG

FACTORSHARES 2X: GOLD-S&P500

FSU

FACTORSHARES 2X: S&P500-USD

FTAI

FORTRESS TRANSPORTATION-CL A

FTAIN

FORTRESS TRANS & INFRAST

FTAIO

FORTRESS TRANS & INFRAST

FTAIP

FORTRESS TRANS & INFRAST

FUN

CEDAR FAIR -LP

FUR.ESC

WINTHROP REALTY TRUST - ESCROW

FUTS

PROSHARES MANAGED FUTURES ST

GBLI

GLOBAL INDEMNITY GROUP LLC-A

GCC.USD

WISDOMTREE CONTINUOUS COMMOD

GDAY

PROSHARES ULT AUSTRALIAN DOL

GDVTZ

GOULD INVESTORS LP

GEL

GENESIS ENERGY L.P.

GFWQZ

PLM EQUIPMENT GROWTH FD III

GLL

PROSHARES ULTRASHORT GOLD

GLP

GLOBAL PARTNERS LP

GLP PRA

GLOBAL PARTNERS LP

GLP PRB

GLOBAL PARTNERS LP

GPP

GREEN PLAINS PARTNERS LP

GRM PRA

GRAND MET DEL L P

GRP U

GRANITE REAL ESTATE INVESTME

GRT.UN

GRANITE REAL ESTATE INVESTME

GSG

ISHARES S&P GSCI COMMODITY I

GSJK

COMPRESSCO PARTNERS LP

GTM

GULFTERRA ENERGY PARTNERS LP

GWYGU

GATEWAY GARAGE PARTNERS LLC

GYRO

GYRODYNE LLC

HCRSQ

HI-CRUSH INC

HEP

HOLLY ENERGY PARTNERS LP

HLND

HILAND PARTNERS LP

HOT.UN

AMERICAN HOTEL INCOME PROPER

HPG

HERITAGE PROPANE PRTNRS LP

HPGP

HILAND HOLDINGS GP LP

HRBGF

HARBOR GLOBAL COMPANY LTD

HRY

HALLWOOD RLTY PARTNERS L P

HTLLQ

HEARTLAND PARTNERS LP-A

IDIV

METAURUS US EQUITY CUMULATIV

IEP

ICAHN ENTERPRISES LP

IEP PRCL

ICAHN ENTERPRISES LP

IEPRR

ICAHN ENTERPRISES LP-RIGHT

IGLPA

INTERSTATE GEN L P

JPEP

JP ENERGY PARTNERS LP

KFN

KKR FINANCIAL HOLDINGS LLC

KFN PRCL

KKR FINANCIAL HOLDINGS

KKR

KKR & CO (GUERNSEY) LP

KKR PRA.O

KKR & CO LP

KKR PRB.O

KKR 6 1/2 12/31/49 PFD

KMP

KINDER MORGAN ENERGY PRTNRS

KOLD

PROSHARES ULTRASHORT BLOOMBE

KPEQF

KKR & CO

KPP

KANEB PIPE LINE PARTNERS L P

KSL

KANEB SERVICES LLC

KSP

K-SEA TRANSPORTATION PARTNER

KWH.UN

CRIUS ENERGY TRUST

LAACZ

LAACO LTD-UNITS OF LTD PRTNS

LAZ

LAZARD LTD-CL A

LINEQ

LINN ENERGY LLC-UNITS

LIW

EAGLE HOSPITALITY TRUST

LMRK

LANDMARK INFRASTRUCTURE PART

LMRKN

LANDMARK INFRASTRUCTURE PARTNERS LP

LMRKO

LANDMARK INFRASTRUCTURE

LMRKP

LANDMARK INFRASTRUCTURE

LNKE

LINK ENERGY LLC

LRE

LRR ENERGY LP

MCEP

MID-CON ENERGY PARTNERS LP

ME PRA

MISSION CAP L P

ME PRB

MISSION CAP L P: ME PRB

MEMPQ

MEMORIAL PRODUCTION PARTNERS

MEP

MIDCOAST ENERGY PARTNERS LP

MGG

MAGELLAN MIDSTREAM HOLDINGS

MIC.USD

MACQUARIE INFRASTRUCTURE HOL

MMLP

MARTIN MIDSTREAM PARTNERS LP

MMP

MAGELLAN MIDSTREAM PARTNERS

MPLX

MPLX LP

MUK PRA

MEPC INTL CAP L P

MWE

MARKWEST ENERGY PARTNERS LP

MYTH

MYT HLDG LLC BE+

NAGS

TEUCRIUM NATURAL GAS FUND

NBLX

NOBLE MIDSTREAM PARTNERS LP

NEN

NEW ENGLAND REALTY ASSOC-LP

NGL

NGL ENERGY PARTNERS LP

NGL PRB

NGL 9 PERP PFD

NGL PRC

NGL ENERGY PARTNERS LP

NGLS

TARGA RESOURCES PARTNERS LP

NGLS PRA

TARGA RESOURCES PARTNERS

NHL

NEWHALL LAND & FARMING CO

NKA

NISKA GAS STORAGE PARTNERS-U

NLP

NTS REALTY HOLDINGS LP

NNUTU

HAWAIIAN MACADAMIA NUT ORCHA

NRGP

INERGY HOLDINGS LP

NRP

NATURAL RESOURCE PARTNERS LP

NS

NUSTAR ENERGY LP

NS PRA

NSUS 8 1/2 12/31/49

NS PRB

NSUS 7 5/8 PERP PFD

NS PRC

NUSTAR ENERGY LP

NSLPQ

NEW SOURCE ENERGY PARTNERS L

NSP

NATURAL RESOURCE PARTNERS LP

NSP

NATURAL RESOURCE PARTNERS LP -PARTNERSHIP UNITS

NTI

NORTHERN TIER ENERGY LP

NUSPQ

NEW SOURCE ENG PARTNERS LP 11%SR A

NYRT.ESC

NEW YORK REIT INC - ESCROW

OAK

OAKTREE CAPITAL GROUP LLC

OAK PRA

OAKTREE CAPITAL GRP LLC

OAK PRB

OAKTREE CAPITAL GRP LLC

OCIP

OCI PARTNERS LP

ODBU

UNITED HAMPSHIRE US REIT

OGCP

EMPIRE STATE REALTY OP-S60

OILT

OILTANKING PARTNERS LP

OKCMZ

OAKTREE CAP GROUP-UTS CL A

OKS

ONEOK PARTNERS LP

OMP

OASIS MIDSTREAM PARTNERS LP

OSP

OSG AMERICA LP

OXF

OXFORD RESOURCE PARTNERS LP

OXMU

PRIME US REIT

OZ

BELPOINTE PREP LLC

PAA

PLAINS ALL AMER PIPELINE LP

PBFX

PBF LOGISTICS LP

PDH

PETROLOGISTICS LP

PFDM

PFD MYT HLDG CO BE+

PLP

PHOSPHATE RESOURCE PRTNRS L.P.

PNG

PAA NATURAL GAS STORAGE LP

POPE

POPE RESOURCES

PPX

PACIFIC ENERGY PARTNERS LP

PSE

PIONEER SOUTHWEST ENERGY PAR

PSXP

PHILLIPS 66 PARTNERS LP

PTXP

PENNTEX MIDSTREAM PARTNERS L

PVR

PVR PARTNERS LP

QEPM

QEP MIDSTREAM PARTNERS LP

QRE

QR ENERGY LP

QSP.U

RESTAURANT BRANDS EXCHANGE UNITS

QSP.UN

RESTAURANT BRANDS-EXCH UNITS

RGP

REGENCY ENERGY PARTNERS LP

RISE

SIT RISING RATE ETF

RMP

RICE MIDSTREAM PARTNERS LP

RNF

RENTECH NITROGEN PARTNERS LP

RRMS

ROSE ROCK MIDSTREAM LP

RSTRF

RESTAURANT BRANDS-EXCH UNITS

RTW

RTW VENTURE FUND LTD

RUF.U

PURE MULTI-FAMILY REIT LP

RUF.UN

PURE MULTI-FAMILY REIT LP

RUF.UN

PURE MULTI-FAMILY REIT LP

SCO

PROSHARES ULTRASHORT BLOOMBE

SDRMU

SANDRIDGE MISSISSIPPIAN TRUS

SDTTU

SANDRIDGE MISSISSIPPIAN TRUS

SEP

SPECTRA ENERGY PARTNERS LP

SGH

STAR GAS PTNRS,LP SR SB UTS

SHLX

SHELL MIDSTREAM PARTNERS LP

SIRE

SISECAM RESOURCES LP

SMLP

SUMMIT MIDSTREAM PARTNERS LP

SNMP

EVOLVE TRANSITION INFRASTRUC

SOYB

TEUCRIUM SOYBEAN FUND

SPH

SUBURBAN PROPANE PARTNERS LP

SPKX

CONVXTY SHS 1X SPIKES FUTUR

SPKY

CONVXTY SHS DAILY 1.5X SP FU

SPLP

STEEL PARTNERS HOLDINGS LP

SPLP PRA

STEEL PARTNERS HOLDINGS LP

SPLP PRT

STEEL PARTNERS HLDS LP

SRG U

SEANERGY MARITIME CORP-UNITS

SRLP

SPRAGUE RESOURCES LP

SUN

SUNOCO LP

SVIX

-1X SHORT VIX FUTURES ETF

SVXY

PROSHARES SHORT VIX ST FUTUR

SXCP

SUNCOKE ENERGY PARTNERS LP

SXEEQ

SOUTHCROSS ENERGY PARTNERS L

TAGS

TEUCRIUM AGRICULTURAL FUND

TCGP

CG 5 7/8 PERP PFD

TCP

TC PIPELINES LP

TEP

TALLGRASS ENERGY PARTNERS LP

TLP

TRANSMONTAIGNE PARTNERS LP

TNH

TERRA NITROGEN COMPANY LP

TONS

WISDOMTREE COAL FUND

TPP

TEPPCO PARTNERS LP

UAN

CVR PARTNERS LP

UCD

PROSHARES ULTRA BLOOMBERG CO

UCLP

UNIVERSAL COMPRESSION PARTNE

UCO

PROSHARES ULTRA BLOOMBERG CR

UCR

MACROSHARES OIL UP TRADEABLE T

UDN

INVESCO DB US DOLLAR INDEX B

UGA

UNITED STATES GAS FUND LP

UGL

PROSHARES ULTRA GOLD

UHN

UNITED STATES DIESEL-HEATING

ULE

PROSHARES ULTRA EURO

UMM

MACROSHARES MAJ MET HOU UP

UNG

US NATURAL GAS FUND LP

UNL

UNITED STATES 12 MONTH NATUR

UOY

MACROSHARES USD 100 OIL UP

USAC

USA COMPRESSION PARTNERS LP

USAG

UNITED STATES AGRICULTURE IN

USCI

UNITED STATES COMMODITY INDE

USDP

USD PARTNERS LP

USL

UNITED STATES 12 MONTH OIL

USMI

UNITED STATES METALS INDEX F

USO

UNITED STATES OIL FUND LP

USOD

UNITED STATES 3X SHORT OIL F

USOU

UNITED STATES 3X OIL FUND

USSPQ

US SHIPPING PARTNERS LP

UUP

INVESCO DB US DOLLAR INDEX B

UVIX

2X LONG VIX FUTURES ETF

UVXY

PROSHARES ULTRA VIX ST FUTUR

VEH

VALERO GP HOLDINGS LLC

VIXM

PROSHARES VIX MID-TERM FUT

VIXY

PROSHARES VIX SHORT-TERM FUT

VLI

VALERO LP

VLP

VALERO ENERGY PARTNERS LP

VNGBQ

VANGUARD NATURAL RESOURCES LLC RED

VNRAQ

VANGUARD NATURAL RESOU

VNRCQ

VANGUARD NATURAL RESOU

VNRSQ

VANGUARD NATURAL RESOURCES

VTDRF

VANTAGE DRILLING INTERNATION

WEAT

TEUCRIUM WHEAT FUND

WEIX

DYNAMIC SHORT SHORT

WES

WESTERN MIDSTREAM PARTNERS L

WLKP

WESTLAKE CHEMICAL PARTNERS L

WMLPQ

WESTMORELAND RESOURCE PARTNE

WMZ

WILLIAMS PIPELINE PARTNERS L

WNRL

WESTERN REFINING LOGISTICS L

WPG

WASHINGTON PG INC UNRESTRICTED SHARES

WPT

WORLD POINT TERMINALS LP

WPZ

WILLIAMS PARTNERS LP

WPZ.USD

WILLIAMS PARTNERS LP

XXFPL

FFP PARTNERS -LP-CL A

XXMUT

AMERN RESTAURANT PARTNERS

YCL

PROSHARES ULTRA YEN

YCS

PROSHARES ULTRASHORT YEN

ZSL

PROSHARES ULTRASHORT SILVER

Any questions 💬? Talk to us! 🥰 You can reach us at [email protected] or chat with us directly in the app (Account > Support > Chat With Us).

Did this answer your question?