Taxation and liability are the only factors that are relevant to the determination of the legal structure

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Taxation and liability are the only factors that are relevant to the determination of the legal structure of a firm.

Do you agree or disagree with the statement? As part of your response be sure to select at least two different legal structures and explain how taxes and liability would or would not make a difference.

Related Book For answer-question

Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Sep 01, 2023 11:52 PM

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Taxation and liability are the only factors that are relevant to the determination of the legal structure

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Financial Accounting and Reporting a Global Perspective

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