A Partnership Terminates for Tax Purposes

A partnership terminates for tax purposes

A) when at least 50% of the total interest in partnership capital and profits changes hands by sale or exchange within twelve consecutive months.
B) only when it terminates under local partnership law.
C) when a partnership tax return (Form 1065) ceases to be filed by the partnership.
D) when the sale of partnership assets is made only to an outsider(s) and not to an existing partner(s) .