Yes, yes, yes. Tax issues get fun when consolidating between entity types. The answer is too long to type. Pay a CPA.
in the US, you want an s corp if you want more personal investment in the company. c corp is more limited liability. also for s corp there is no corporate tax rate (it's the same as your personal rate) but for c corp you pay the corporate tax rate.
disney-iwerks
Limited Partnership, LLC, and Incorporation (S-corp; C-corp) form a business.
For Federal tax purposes, the profit or loss of an S-corp is passed to the owner(s) for inclusion on their personal tax return and taxed at personal rates. If you owned 75% of the stock in the S-corp, you would pay personal income tax on 75% of the S-corp's profit. If the corp had a loss, you would get a deduction on your personal tax return for 75% of the loss.
Members of a partnership. First member is sole owner llc, 2nd member is an S-Corp owned by the same person that owns the llc. Will this meet the requirements of a partnership?
No, it is not. Answers.com is owned by Answers Corp.
EchoStar s a wholly-owned indirect subsidiary of DISH Network Corporation
The tax form filed by the entity will tell you if it is a C corp (Form 1120), and S corp (Form 1120S), or a Partnership (Form 1065).
No. WikiAnswers is owned by Answers Corp. and Wikipedia is owned by the Wikimedia Foundation.
Please check your question and reorganize it for an accurate response.
This probably refers to classifying a borrower as a privately owned company (partnership, LLC or Sub-S corp.) versus a publicly owned corporation.