Can a partner receive a salary from the firm? What is the real nature of a partners

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Can a partner receive a “salary” from the firm? What is the real nature of a partner’s salary?

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The Law And Business Administration In Canada

ISBN: 9780133251678

14th Edition

Authors: J.E. Smyth, Dan Soberman, Alex Easson, Shelley McGill

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Question Posted: Mar 16, 2024 11:01 PM

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Can a partner receive a salary from the firm? What is the real nature of a partners

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Yes a partner can receive a salary from the partnership although the term salary may not accurately reflect the nature of the compensation Partnerships often use various forms of compensation to rewar...View the full answer

The Law And Business Administration In Canada

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