An individual wants to create a business and obtain an ownership interest in it by contributing the individual s own skilled labor in the formation of the business For which entity type would the receipt of an ownership interest in exchange for services be a nontaxable event

Question

An individual wants to create a business and obtain an ownership interest in it by contributing the individual s own skilled labor in the formation of the business  For which entity type would the receipt of an ownership interest in exchange for services be a nontaxable event

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Question

An individual wants to create a business and obtain an ownership interest in it by contributing the individual s own skilled labor in the formation

An individual wants to create a business and obtain an ownership interest in it by contributing the individuals own skilled labor in the formation of the business. For which entity type would the receipt of an ownership interest in exchange for services be a nontaxable event?

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