Examlex
Snarl and purr words are denotative in meaning.
Taxed As A Corporation
Refers to a taxation status where a business entity is treated as a corporation for tax purposes, subjecting it to corporate income tax rates and regulations.
Limited Liability Company
An enterprise organization that fuses the limited liability benefit of corporations with the pass-through taxation system characteristic of sole proprietorships or partnerships.
Engages In Fraud
The act of deliberately deceiving another individual or entity to gain an unfair or unlawful advantage.
Limited Liability Company
Is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
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