If at a future date a business owner wants to convert his business from C-Corp to Partnership
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Question:
If at a future date a business owner wants to convert his business from C-Corp to Partnership or Partnership to C-Corp, are there any burdens from an administrative perspective and if so, what are they?
What are the steps to be taken to convert from one entity type to the other? Which conversion (C-Corp to Partnership or Partnership to C-Corp) would create the lowest tax burden and why?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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