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Different Forms Of Business Organizations Pdf Download
f9488a8cf8 The LLP structure protects each partner's personal assets and each partner from debts or liability incurred by the other partners. A corporation can even be a general partner or a limited partner in a partnership, and a corporation can own stock in another corporation.corporationA business created as a distinct legal entity composed of one or more individuals or entities.Not surprisingly, starting a corporation is somewhat more complicated than starting the other forms of business organization. LLCs have become common. If the corporation has shareholders, corporate earnings become subject to double taxation in the sense that income earned by the corporation is taxed and dividends distributed to shareholders are also taxed. Dictionary Term Of The Day Earnings Stripping Earnings Stripping is a commonly-used tactic by multinationals to escape high domestic .