FREQUENTLY ASKED QUESTIONS
See below for quick answers to many commonly asked questions.
What is a Master Limited Partnership (MLP)?
A Master Limited Partnership (MLP) is a publicly traded partnership. The nature of the partnership facilitates the “pass through” of income to its partners. This essentially avoids double corporate taxation on profits. Ownership interests in MLPs are referred to as “units.” Investors who own MLP units are considered limited partners of the partnership.
For more information, visit Master Limited Partnerships Association.