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Agricultural Economics Miscellaneous Reports >
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| Title: | Limited Liability Company--An Alternative Business Organization |
| Authors: | Kolb, Tracy L.
Strinden, Jon E.
Saxowsky, David M. |
| Authors (Email): | Saxowsky, David M. (David.saxowsky@ndsu.edu) |
| Issue Date: | 1994-03 |
| Series/Report no.: | Agricultural Economics Miscellaneous Report
172 |
| Abstract: | Limited Liability Companies is a
new business organization that
· combines the taxation of a
partnership with the limited
liability of a corporation;
· can facilitate the transfer of
property ownership from one
organization to another;
· offers an alternative for businesses
involved in environmentally
sensitive activities;
· must meet the same requirements
as North Dakota farm corporations
if the company engages in farming
or ranching in the state;
· may not provide much opportunity
to reduce self-employment tax; and
· will not change lenders' expectations
that owners personally guarantee
the repayment of the business'
loans. |
| URI: | http://purl.umn.edu/51164 |
| Institution/Association: | North Dakota State University>Department of Agribusiness and Applied Economics>Agricultural Economics Miscellaneous Reports |
| Total Pages: | 8 |
| Collections: | Agricultural Economics Miscellaneous Reports
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Files in This Item:
| File |
Description |
Size | Format |
|---|
| No.172.pdf | | 124Kb | PDF | View/Open |
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