THE LIMITED-LIABILITY COMPANY - THE NEW KID IN TOWN

Authors
HORWOOD RM HECHTMAN JA
Citation
Rm. Horwood et Ja. Hechtman, THE LIMITED-LIABILITY COMPANY - THE NEW KID IN TOWN, Journal of corporate taxation, 20(4), 1994, pp. 334-350
Citations number
NO
Categorie Soggetti
Business Finance
Journal title
Journal of corporate taxation → ACNP
ISSN journal
00940593
Volume
20
Issue
4
Year of publication
1994
Pages
334 - 350
Database
ISI
SICI code
0094-0593(1994)20:4<334:TLC-TN>2.0.ZU;2-V
Abstract
Limited liability company statutes have been passed or proposed in man y states and offer an important new pass-through taxation option for b usiness ventures. This article examines the tax aspects of LLCs, the s tatutory requirements for establishing LLCs, and the economic and oper ational possibilities of LLCs.