0
There are four main differences between a partnership and a corporation. Those differences are how liability is distributed, how taxes are assessed, the flexibility of running and selling the business, and how it raises capital.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Can a partnership have directors?
Where a corporation is a partner in a partnership, the corporation's directors can have an indirect effect on the partnership.
What is the least common a corporation sole proprietorship partnership or limited corporation?
partnership
Is a partnership or corporation?
T-Mobile is a Corporation.
Can a corporation be a partner in a partnership?
Yes. A corporation is an artificial person but is a person according to the law and thus can be a partner in a partnership.
Is T-Mobile a Partnership or Corporation?
T-Mobile is a Corporation.
Is taco bell a partnership corporation?
no.
Is apple still a partnership 2014?
Apple Incorporated is a Corporation with stockholders it is not a partnership.
Can a trust be a partner within a partnership?
yep trust is the main thing in your relationship
Can as s corporation be a partner in a partnership?
It is possible for an s-corporation to be a partner in a partnership. You should check with a legal authority to see if there are any special requirements to affect this status for the s-corporation.
What has best tax advantages a Partnership or corporation?
== ==
Can a partnership issue stock?
That depends on the type of partnership. If it's a corporation then yes. If it's an LLC then no.
What is partnership accounting?
A business can be a corporation, a partnership, or a sole proprietorship. A corporation is incorporated at the state level. A sole proprietorship is one person in business. A partnership is two or more persons with an agreement on who has which assets and liabilities and income. Partnership accounting is doing the books for the partnership. For IRS purposes, a partnership return must be filed each year.
