Examlex
Discuss how the partnership form of organization or the S corporation form may be used to shift income.
Partnership Matters
Issues or affairs that concern the operation and management of a partnership, including agreements, responsibilities, and profit sharing.
Limited Liability Company
A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
Limited Rights
Rights that are restricted by terms or extent, often used in the context of intellectual property or contractual agreements.
Limited Partnership
A business arrangement where at least one partner is a general partner who takes on unlimited liability, while others are limited partners whose liability is restricted to their investment in the partnership.
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