Seeking the best business structure

October 2013
Fairfield County Business Journal;10/14/2013, Vol. 49 Issue 41, p9
Academic Journal
The article offers the author's insight on different business structures and its taxation issues. He states that limited liability company (L.L.C.) offers flexibility and potential tax advantages of a business partnership with the liability protection. He mentions that S corporations do not have double taxation however, such companies cannot manage more than 100 shareholders. He adds that profits of C corporations are subjected to corporate income tax when distributed as dividends.


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