Judy barnes, betty turley, and bob turner want to obtain limited liability for their business, but they want to avoid double taxation. which type of business ownership would you recommend?

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23-02-2017
Business

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Judy barnes, betty turley, and bob turner want to obtain limited liability for their business, but they want to avoid double taxation. which type of business ownership would you recommend?

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taskmasters taskmasters · Answer 1 · 2017-03-08T06:42:01-05:00

taskmasters taskmasters

08-03-2017

The owners of the business should be able to register the company under sole-propietorship. In this type of ownership, the owners have the money and the money is considered theirs on the personal level. Thus, this makes them liable to single level of taxes.

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