Capital Interest Disposition Amounts
Capital Interest Disposition Amounts (i)In general.The termCapital Interest Disposition Amountmeans the amount of long-term capital gain or loss recognized on the sale or disposition of all or a portion of a Passthrough Interest that is treated as Capital Interest Gain or Loss. In general, long-term capital gain or loss recognized on the sale or disposition of a Passthrough Interest is deemed to be API Gain or Loss unless it is determined underparagraph (c)(4)(ii)of this section to be a Capital Interest Disposition Amount.