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How Are Limited Liability Companies (LLCs)taxed

Question 30

Multiple Choice

How are limited liability companies (LLCs) taxed?


A) They are always taxed the same as general partnerships.
B) They are always taxed the same as corporations.
C) They are taxed either as partnerships or as corporations,at the option of the LLC.
D) They are taxed either as partnerships or sole proprietorships,at the option of the LLC.

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