LLP: An LLP is taxed as a partnership organization. The income of an LLP is taxed for 30% on profits, plus applicable surcharge and cess. There are no dividend distribution taxes (DDT) in LLPs, which ...

For those keeping score at home, it’s currently two wins for the IRS in as many years, and nada/zilch/zero for the fund managers, at least when ...

The Court of Appeal has remitted the case of BlueCrest Capital Management (UK) LLP (BlueCrest) v HMRC back to the First-tier ...

The team behind one of Bristol’s biggest regeneration projects in the last few decades have unveiled plans for a new transport hub at the city’s biggest train station. Called the ‘Southern Gateway’ ...

LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...

As a first-time small business owner, you're responsible for paying federal income taxes according to the rules set by the ...

A family limited liability company (LLC) protects the assets of a family business from creditors. An LLC offers the protection of a corporation with the tax structure of a partnership. A family ...

On January 1, 2024, the Corporate Transparency Act (the “Act”) went into effect. The Act requires all non-exempt corporations, limited liability companies, and partnerships created or registered to do ...

A Foreign Limited Liability Partnership (LLP) is an LLP formed and registered outside India based on the law of that country. After establishing a business in India, a foreign LLP should register with ...

Senator Judy Ward (R-30) is urging business owners to take note of the updated filing deadlines and requirements for annual ...

Explore Scott Bessent's confirmation as U.S. Treasury Secretary and his plans for tax cuts, economic growth, and fiscal ...

Limited Liability means the status of being legally responsible only to a limited amount for debts of a company. Unlike proprietorships and partnerships, in a limited liability company the liability ...