Describe the circumstances under which a partnership would offer greater tax advantages than a corporation.
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Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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The book reminds us that if a business is going to be paying its net profits to the ...View the full answer
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Related Book For 
The Legal Environment of Business A Critical Thinking Approach
ISBN: 978-0132664844
6th Edition
Authors: Nancy K Kubasek, Bartley A Brennan, M Neil Browne
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