Examlex
If an employer withholds taxes from an employee, in general, when are these taxes treated as paid to the IRS?
State-Owned Enterprise
A business enterprise where the government holds significant control through full, majority, or significant minority ownership.
Limited Liability Firm
A type of business entity where the owners' liability for debts is restricted to the amount they invested in the company, protecting personal assets from business liabilities.
Sole Proprietorship
A business owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.
Communist
A political and economic ideology advocating for a classless society, where property and resources are communally owned.
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