To say that an organization is taxed as a partnership or not a taxable entity is simply

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To say that an organization is “taxed as a partnership” or “not a taxable entity” is simply a euphemism for saying that it is not taxed at all. Some commentators argue that organizations receive valuable privileges— such as limited liability—and should, in return, pay taxes. Do you agree?

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Introduction To Business Law

ISBN: 9780324826999

3rd Edition

Authors: Jeff Rey F. Beatty, Susan S. Samuelson

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