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kompoz [17]
3 years ago
15

6. Explain how liabilities of an LLC (taxed as a partnership) or an S corporation affect the amount of tax losses from the entit

y that limited liability company members and S corporation shareholders may deduct. Do the tax rules favor LLCs or S corporations?
Business
1 answer:
Natasha_Volkova [10]3 years ago
7 0

Answer:

LLC liabilities are included as part of member's tax basis while S corporation liabilities are not.

Tax rules favors LLCs.

Explanation:

LLC liabilities are included as part of a member's tax basis while S corporation liabilities are not included in an S corporation shareholder's tax basis other than loans from the shareholders.

This distinction is important because the amount of loss a member or shareholder may deduct is limited to his or her tax basis in either his or her LLC interest or shares. Thus in this particular regard Tax rules favors LLCs.

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quizlet uruguay was the first country in the world to legalize and regulate the production, supply, and recreational use of cann
exis [7]

Uruguay was the primary usa inside the global to legalize and regulate the Production, delivery, and leisure use of hashish. TRUE

Production is the system of manufacturing items and services to satisfy human needs. The product is the end result of the method. The 4 elements of manufacturing are land, capital, labour, and business enterprise. An instance of production is the manufacturing of motors. motors are made by way of assembling elements together. as an example, rubber tires are brought to metal our bodies to make seats installed earlier than the automobile is pushed off the manufacturing line.

“Production is the organized interest of remodeling resources into finished merchandise in the form of products and offerings; the objective of manufacturing is to fulfill the call for such converted sources”.production is one of the most vital procedures inside manufacturing, and is a middle part of what it approaches to be a manufacturer. without this activity, no completed items would be created, and there would be not nothing to promote to clients.

Learn more about Production here:

brainly.com/question/16755022

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8 0
1 year ago
Assume that investors can borrow and lend at risk-free rate of 5%. The optimal tangent portfolio on the efficient frontier has a
gizmo_the_mogwai [7]

Answer:

B. Portfolio B with E(R)=13% and STD=18%

Explanation:

The computation is shown below;

Reward to risk ratio = (15% - 5%) ÷ 20% = 0.5

The porfolio should be in line i.e.

= 0.05 + 0.5 × standard deviation

For portfolio A

= 0.05 + 0.5 × 25

= 17.5%

For portfolio C

= 0.05 + 0.5 × 1

= 5.5%

Portfolio B, the std is 18%

So,

= 0.05 + 0.5 × 18%

= 14%

5 0
2 years ago
Hayley, from California, arrived in Saudi Arabia and immediately noticed that the way Saudi men treat women is vastly different
Jet001 [13]

Answer:

The answer is 1. Culture shock

Explanation:

What is culture shock?

According to Merriam-Webster, culture shock is defined as the sense of confusion and uncertainty sometimes with feelings of anxiety that may affect people exposed to an alien culture or environment without adequate preparation.

With the definition above, it is therefore safe to say that, in the case of Hayley feeling uncomfortable and disoriented in a new environment, she is experiencing Culture Shock.

4 0
3 years ago
What is the purpose of jim lentz’s series of presentations to toyota employees in california?.
Serggg [28]
<h3>Answer</h3>

To address employees concerns and provide details about relocation.

<h3></h3>

Explanation

CEO Jim Lent addressed the employees at Toyota to their concerns and to inform them about the relocation that is planned at a board level and then it is to be implemented.

CEO of Toyota is therefore addressing the employees to provide them details about relocation and to address their concerns.

<h3>Conclusion</h3>

Jim Lent CEO of Toyota, addressed the employees to provide them details about relocation and to address their concerns.

Learn more about Business at brainly.com/question/26562433

6 0
2 years ago
What is the most common workplace for people in the Finance cluster?
Oxana [17]

Answer:

An office

Explanation:

an office  is the best option on this list.

7 0
2 years ago
Read 2 more answers
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