Tax Planning between Partnership Firm and Corporate
VerifiedAdded on  2019/09/23
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The assignment content discusses tax planning strategies for partnership firms and corporations, highlighting the differences in taxation provisions between the two entities. The content also explores the advantages of corporate structures over partnership firms, including limited personal liabilities, ease of inviting public funding, and flexibility in company succession plans. Additionally, it touches on the use of trusts as a means to minimize tax liabilities and manage business assets.
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