MLPs

Damodaran Breaks Down The Benefits Of MLPs

After the market’s big reaction to the news that Kinder Morgan Inc (NYSE:KMI) would consolidate the master limited partnerships (MLPs) that it spun off years ago, you could be forgiven for wondering why so many people were excited to see Kinder Morgan give up tax benefits.

“If the only difference between pass-through entities and taxable entities were on taxes

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