answersLogoWhite

0

In business law (and related tax laws), unless a group is formed and recognized as a registered entity (corporation, limited partnership, etc), there is a presumption that it is a general partnership and it will be taxed as such.

User Avatar

Wiki User

18y ago

What else can I help you with?

Related Questions

What is the difference between a joint venture equity strategic alliance and non-equity strategic alliance?

The purpose of equity alliance is less specific than a joint venture. Unlike a joint venture, one partner retains control through their majority shareholding in an equity alliance.


What does be it for commercial and non-commercial purposes?

Non-commercial refers to an activity or an entity which does not, involve commerce, at least relative to similar activities that do have a commercial objective or emphasis.


What is a non-operated joint venture?

i take the scenario of exploration fields.. for instance, shell is operating in an exploration field as a partner for executing exploration related activities having lesser percentage share (20 to 80%) and shell does not act as an owner for this project and hence known Non operated venture.


What is non living entity?

a virus.


What is a non-venture issuer?

A non-venture issuer is a type of public company that does not qualify as a venture issuer under securities regulations. Unlike venture issuers, which are typically smaller, early-stage companies with limited assets and revenues, non-venture issuers are generally larger, more established companies that have more extensive reporting requirements. They may trade on major stock exchanges and are subject to stricter regulatory oversight. Non-venture issuers often have a broader investor base and may be involved in various sectors of the economy.


What is non-cellular living entity?

a virus.


What is a sentence using the word nonentity?

Non entity is something that does not exist or exists only in imagination. Rick did not participate in the meeting at all, as if he was a non-entity.


What advantage does an entity bean have over a session bean?

An entity bean represents non-persistent data.


Can you put in a WB DVD player in your non WB venture?

yes


What is the size of a 2002 Chevy venture gas tank non extended?

I have a 2000 Chevrolet Venture, and mine is 75 Litres. Hope this helps.


What is a non consolidated entity?

A non consolidated entity is a firm directly or indirectly controlled by a parent company. This happens when a parent has no actual control of the subsidiary, or if the parent company's business operations are different than that of the subsidiary


What is sound-weather insulation on the 2002 Venture door skeleton attached with?

A non-hardening adhesive.