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Zethu would like to start a clothing business, however she is uncertain as to which entity to use for conducting his business because of the
Zethu would like to start a clothing business, however she is uncertain as to which entity to use
for conducting his business because of the different tax implications. She has been considering
using either a sole proprietorship or a partnership.
Required:
Advise Zethu on the advantages and disadvantages for each, both from a business and tax
perspective.
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