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One reason limited liability companies have become so popular is that they?
Wiki User
∙ 15y ago
can be taxed either as a corporation or as a partnership, so owners can choose the tax treatment that is most advantageous for their situation
Wiki User
∙ 15y ago
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Why is it usually safer to invest in corporate stocks than to become a partner in business?
Partnerships have unlimited liability, while corporations have limited liability.
Can a Limited Liability Company later become an S Corporation?
How does a company become a corporation?
Why is it safer to invest in corporate stocks than to become a partner in a business?
Partnerships have unlimited liability, while corporations have limited liability.
Why is it usually safer to invest in corporate stocks than to become a partner in a business?
Partnerships have unlimited liability, while corporations have limited liability.
Why is it usually safer to invest in corporate stock than to become a partner in a business?
Partnerships have unlimited liability, while corporations have limited liability.
Why are so many new businesses choosing a limited liability company form of ownership?
All businesses which are in the form of company or corporation having limited liability. Limited liability means that if business become insolvent the creditors of business cannot claim the property of shareholders without their investment in the business to fulfill his damages.
Can a pvt limited company be a partner in partnership firm?
Liability of a Pvt limited Company is limited - a mith. The fact is that liability of a share holder of a limited company is limited to the extent of value of the shares. In other words, the other assets of the shareholder can not attached for default of the company. So the liability of a limited company is limited to the assets of the company, not limited to the face value of the shares. On the other hand the partner of a partnership company has unlimited liability. i.e., the assets of the partner can be attached in case of default. Similarly, when a pvt limited company is a partner the liability of the company is unlimited and to the extent of assets of the company not to the assets of individual shareholders. So a limited company is a legal entity and can become a partner or proprietor of a firm.
Is it true all long term liabilties become current liabilities?
Long term liability becomes the current liability in that year in which it is to be cleared so Yes, long term liability become current liability.
Why did Karesansui (dry)landscape gardens become popular around Kyoto?
Kyoto has limited fresh-water sources
When does information become a liability for an organization?
work
Where can one find custom printing services?
With the rise of the internet, custom printing services have become more prevalent as companies can start up with lower overheads. Companies such as 1ClickPrint and VistaPrint have become very popular in recent years.
What are some brands of hybrid vehicles?
Now that the hybrids have become so popular, multiple companies have released series of them. Toyota, Lexus and Nissan are a few of the more popular ones.
