From the point of view of determining an individual's Tax Payable, it does not matter whether he is considered a partner or a joint venturer.

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Tax treatment can differ significantly between a partner in a partnership and a participant in a joint venture, affecting how income, deductions, and credits are reported and taxed. Partnerships and joint ventures are treated differently under tax laws, leading to variations in the determination of an individual's tax payable.

From the Point of View of Determining an Individual's Tax