MLP (other)
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MLP (other)
MLP may refer to: Groups, organizations, companies * Master limited partnership, a type of business entity * MLP SE (formerly ), a German financial services consulting firm * Major League Productions, a British record label * Manchester Literary and Philosophical Society (M. L. & P.), a British learned society * Marriage Law Project, an organization against same-sex marriage * Maui Land & Pineapple Company (ML&P), an American land holding company in Hawaii * Municipal Light & Power (ML&P), Anchorage, Alaska, USA; the municipal electric utility Sports * Pickleball in the United States#United Pickleball Association, Major League Pickleball, a professional pickleball league * Maple Leaf Pro Wrestling, a professional wrestling promotion and revival of Frank Tunney's Maple Leaf Wrestling Political parties * Marxist–Leninist Party (other) * Hungarian Liberal Party (Hungarian: '), a liberal political party in Hungary * Malta Labour Party * Manitoba Labour Party, a defun ...
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Master Limited Partnership
In the United States, a master limited partnership (MLP) or publicly traded partnership (PTP) is a publicly traded entity taxed as a partnership. It combines the tax benefits of a partnership with the liquidity of publicly traded securities. To obtain the tax benefits of a flow-through entity, pass through, MLPs must generate at least 90% or more of their income from qualifying sources such as from Manufacturing, production, process industry, processing, storage, and transportation of depletable natural resource, natural resources and Mineral, minerals. In addition, real property rents also qualify. The "MLP" and "PTP" terms are commonly used interchangeably, but MLPs are technically a type of limited partnership that conducts its operations through subsidiaries and are not always publicly traded. Most PTPs are organized as MLPs, but a PTP may be organized as a limited liability company that elects to be taxed as a partnership. History In 1981, Apache Corporation formed the Uni ...
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