The ability to distribute earnings without incurring double-level taxation is an advantage of a:
A) pass-through entity.
B) corporate tax structure.
C) member-managed LLC.
D) manager-managed LLC.
Correct Answer:
Verified
Q42: LLPs are formed with the filing of
Q44: Typically, day-to-day decision making in an LLC
Q44: Personal financial contributions may be required by
Q47: With regard to taxation, LLPs are treated
Q49: LLPs are often currently used to protect
Q50: Formation of an LLC requires the filing
Q51: LLPs were created to
A) limit the taxation
Q51: Though they may elect a different structure,
Q53: The first LLP legislation was enacted in
A)
Q54: Several people have decided to go into
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents