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Tax-exempt Shareholders
Shareholders or investors who do not have to pay income taxes on the dividends received from their investments, often applied to certain types of institutional investors.
Partnership
A legal form of business operation between two or more individuals who share management and profits, each partner contributing in terms of resources, labor, or skill.
Disadvantages
Disadvantages refer to the unfavorable or negative aspects of a particular situation, decision, or solution.
Corporation
A legal entity that is separate and distinct from its owners, providing them with limited liability protection.
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