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A company that is owned by shareholders is called a?

A corporation or LLC.


Does an LLC corporation receive a 1099 form?

No, an LLC corporation does not receive a 1099 form.


Does an LLC or C Corporation receive a 1099 form?

An LLC or C Corporation may receive a 1099 form if they receive certain types of income, such as payments for services rendered.


What is an public and private in a classification of credit?

This probably refers to classifying a borrower as a privately owned company (partnership, LLC or Sub-S corp.) versus a publicly owned corporation.


Does an LLC operating as an S corporation receive a 1099?

No, an LLC operating as an S corporation does not receive a 1099.


Does an LLC taxed as a corporation receive a 1099 form?

No, an LLC taxed as a corporation does not receive a 1099 form.


Is exxonMobil a limited liability corporation?

Not exactly, ExxonMobile is a Limited Liability Company (LLC). An LLC is a company not a corporation.


Does a LLC have shareholders?

No LLC's do not have shareholders like corporations. LLC's have members which are similar to shareholders in a corporation.


Who is a corporation owned by?

A corporation is owned by its stockholders.


Does an LLC structured as a C corporation receive a 1099 form?

No, an LLC structured as a C corporation does not receive a 1099 form.


Does an LLC taxed as an S Corporation receive a 1099 form?

No, an LLC taxed as an S Corporation does not receive a 1099 form.


What corporation type is Nevada LLC?

"Nevada LLC is a corporate structuring, financial privacy company. It is financially private and is corporate structuring and is a corporation. It is a good corporation."