Question
If a partnership chooses to form an LLC, under the check-the-box rules, and assuming no elections are made, the entity will be taxed as: A.
If a partnership chooses to form an LLC, under the check-the-box rules, and assuming no elections are made, the entity will be taxed as:
| A. | an S corporation. |
| B. | a partnership if it has more than one member. |
| C. | a C corporation. |
| D. | unable to determine from the facts presented. |
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Auditing An International Approach
Authors: Wally J. Smieliauskas, Kathryn Bewley
7th edition
1259259870, 1259087468, 70968292, 978-1259087462
