In an LLP,any income is taxed

Name: In an LLP,any income is taxed
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Question

Quizplus · Accepted Answer

A) LLPs are not subject to tax; any income is taxed only when it is distributed to its
partners.
A) LLPs are not subject to tax; any income is taxed only when it is distributed to its partners.
B) LLPs are not subject to tax; any income is taxed only when it is distributed to its partners.
C) LLPs are not subject to tax; any income is taxed only when it is distributed to its partners.

In an LLP,any Income Is Taxed