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Compare and contrast the fundamental differences in tax characteristics across different entity types.

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Finance

Compare and contrast the fundamental differences in taxcharacteristics across different entity types.

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Parameter Sole Proprietorship General Partnership LLC C Corporation S Corporation Fundamental Treatment The business and the owner are fundamentally and legally the same The two are not different Multiple owners but again the business and the owners are fundamentally and legally the same A separate legal entity is created    See Answer
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Compare and contrast the fundamental differences in taxcharacteristics across different entity types.

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