Taxation of business entities.

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Taxation of Business Entities flashcards | Quizlet

Vocabulary words for Taxation of Business Entities: Chapters 1-?. Includes studying games and tools such as flashcards.

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Taxation of business entities?

Using the same facts as those presented in the question above, what is Solomon’s basis in the property he receives in the distribution, i.e. the building? 1. $10,000 2. $15,000 3. $30,000 4. $35,000 5. $50,000 CatCo Corporation, made a distribution...

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SoRrY, I DuNnO dee AnSweR!! :)

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Taxation of Business Entities Question!?

Palmer contributes property with a fair market value of $4,000,000 and an adjusted basis of $3,000,000 to AP Partnership. Palmer shares in $1,000,000 of partnership debt under the ...show more

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it would appear the $2M distribution wiped out his share of the $1M liability and the other $1M reduced...

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KTPEXHHPEYMUZQQBTTZEQ7MQWU at Yahoo! Answers Mark as irrelevant Undo

What is the best legal structure for a new social business / enterprise, which is essentially a combination of a 501(c)(3) and a company?

Need advice on how to legally structure a new Social Business/Enterprise. The organization will develop and sell a technology service to NGOs and governments around the world to help them implement behavior change programs (health, agriculture, education...

Answer:

I would research L3C status for your social business/enterprise. An research brief on L3Cs: http://www...

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Sarah Small at Quora Mark as irrelevant Undo

Multitenancy: How do I design entities in business layer of a multi-tenant application for an extendable database structure?

For example, I want that a product may have multi-versions like from different tenants, one version product has 3 fields and other has 6 fields. Then how will I represent this entity in business layer to apply logic of my business on, not in database...

Answer:

Simple one-to-many relationship.  If some of the fields are common to both types of users, place them...

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Taxation Advice - Selling a Business, Share transfer v goodwill & trade asset?

Hi, I have two similar offers on my business, however one is via a share transfer and the other is a 'trade asset and goodwill' method. what are the taxation implications of these two methods? Both for the business and ultimately, myself & my business...

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if u sell shares, there will be capital gains (sales price less your cost of share subscription) to...

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Can my son give me a 13K gift from his business account w/o taxation?

I know the IRS allows gifts w/o taxation between parents and children. Does it have to come from a personal account or can it come from a sole proprietor business account which my son has. Is there any problem if he transfers the money to me from that...

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Even though he has already accounted for and paid tax on the money, taking it directly from the business...

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Business Taxation - Deciding where to incorporate.?

I live in NJ and my biz associate lives in VA. I am a citizen. He is a resident alien from 'country G'. We will, if necessary, create a USA corp or LLC to purchase a common commodity outside the USA for direct shipment to 'country G'. We are able to...

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Hello! Unfortunately your question is too complex to be able to answer in the forum. But, what I can...

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Corporate Law: Why do business entities use obfuscated names?

Some answers to this are common sense, but I want it really spelled out: every reason why business entities do this, and perhaps a few cases to demonstrate the usefulness (or even uselessness) of such a practice. By obfuscated name, I mean to say a name...

Answer:

The answer is complicated.  Generally speaking there are two reasons for businesses to have different...

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How can a single SBA loan cover both a business purchase and a real estate purchase if the two are separate entities?

I have a very specific question. I want to buy out my partner. He is a 50 percent owner of both the business and of the real estate. The business and real estate are separate entities. Can I still get one SBA loan to cover the entire purchase?

Answer:

Damodarn Krishnaraj is right on it being the lender's discretion. For example, the Small Business Administration...

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