If you were starting a business, what tax considerations might cause you to prefer to set it up as a proprietorship or a partnership rather than as a corporation Would you consider the average tax rate or the marginal tax rate to be more relevant when making the decision ...

If the business were organized as a partnership or a proprietorship its income could ...

If you were starting a business, what tax considerations might cause you to prefer to set it

Question:

If you were starting a business, what tax considerations might cause you to prefer to set it up as a proprietorship or a rather than as a corporation? Would you consider the average tax rate or the marginal tax rate to be more relevant when making the decision?

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...