The Limited Liability Company Is Automatically Taxed as a Corporation

question 55

True/False

The limited liability company is automatically taxed as a corporation. 

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Definitions:

Audience Profile

An audience profile is a detailed description of the demographic and psychographic characteristics of the intended recipients of a message or product.

Purpose

The reason for which something is done or created, or for which something exists.

Meaningful Purpose

The significant and intentional aim or objective that drives an individual's or organization's actions.

Audience Analysis

The process of examining and understanding the characteristics, needs, and preferences of the intended audience of a communication.