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Unformatted text preview: Easily Lack of Secrecy Organizational Costs Life Oulasts Founder Specialized Management S-company Up to 75 Stockholders Taxed as if Partnership Only 75 Stockholders Similar to Corperation Combined Capital Domestic Corps. Only Limited Liability Only One Stock Class Avoid Double Taxation LLC Many Stockholders Limited Liability Difficult to Form Similar to Corporation Sole Proprietor Taxed as if Partnership or Government Regulation Partnership Sole Proprietor Lack of Secrecy Avoid Double Taxation Personal Asset Protection Flexible Ownership MLP Many Stockholders Taxed as if Partnership Expensive Start-up Similar to Corperation Sole Proprietor Shares Traded on Government Regulation Exchange Partnership Avoid Double Taxation Difficult to form...
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This note was uploaded on 04/16/2008 for the course MGMT 375 taught by Professor Higgins during the Spring '08 term at Abilene Christian University.
- Spring '08