Video 7.2: Analysis of Orrisch

<div><div>As an illustration of SEE principles, this video analyzes the <i>Orrisch</i> case reproduced in your Casebook. The <i>Orrisch</i> case is a classic example of why IRC 704(b) was enacted and illustrates the fundamental principle behind the SEE rules: if the only adversely affected party with respect to a partnership's tax allocations is the IRS, then the agreement most likely does not meet the SEE test.</div></div>