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Old 09-19-2005, 05:32 PM   #407
sgtclub
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Join Date: Mar 2003
Location: Survivor Island
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Penalizing the Cops

Quote:
Originally posted by ltl/fb
If they don't want the double taxation, why don't the owners just set it up as a partnership? Pass-through taxation -- no dividends issue, I think (wanker could speak to this better).

Oh, because they want to be shielded from liability. Right. So they actually do really want the corporation to be viewed as separate and apart from them.

Cake, eating, having, like el capitan said.
Partnerships and llcs also shield owners from liability. Go back to the benefits world, you have no idea what you are talking about.
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