What is a flow-through entity, and what effect does this designation have on how business...
Question:
What is a flow-through entity, and what effect does this designation have on how business entities and their owners are taxed?
Flow-through Entity:
This refers to a legal business activity where the income generated from the business is passed on the owner of the business or the shareholders of the business.
Answer and Explanation: 1
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View this answerFlow-through entities may be defined as entities whose income is not taxed at the entity level but the income passes on to the owners in the ratio of...
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Chapter 3 / Lesson 5Learn about business organization structure and understand how it works. Study business entity examples and see the types of business organizational structures.
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