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Chapter 13 Comparative Forms of Doing Business
The Big Picture ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Big Picture ,[object Object],[object Object],[object Object],[object Object],[object Object]
Choice of Form of Business Entity ,[object Object],[object Object],[object Object]
Principal Forms of  Doing Business ,[object Object],[object Object],[object Object],[object Object],[object Object]
Limited Liability Company (LLC) ,[object Object]
Filing Requirements ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Nontax Factors—Capital Formation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Nontax Factors—Limited Liability ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Other Nontax Factors ,[object Object],[object Object],[object Object],[object Object]
Single vs. Double Taxation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Alternative Minimum Tax ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Controlling the Entity Tax ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fringe Benefits  (slide 1 of 2) ,[object Object],[object Object],[object Object]
Fringe Benefits  (slide 2 of 2) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Minimizing Double Taxation  of C Corporations  (slide 1 of 5) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Minimizing Double Taxation  of C Corporations  (slide 2 of 5) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Minimizing Double Taxation  of C Corporations  (slide 3 of 5) ,[object Object],[object Object],[object Object],[object Object]
Minimizing Double Taxation  of C Corporations  (slide 4 of 5) ,[object Object],[object Object],[object Object]
Minimizing Double Taxation  of C Corporations  (slide 5 of 5) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Entity Formation  (slide 1 of 2) ,[object Object],[object Object],[object Object],[object Object]
Entity Formation (slide 2 of 2) ,[object Object],[object Object],[object Object]
Basis Considerations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Big Picture – Example 17  Effect On Basis Of Ownership Interest  (slide 1 of 2) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Big Picture – Example 17  Effect On Basis Of Ownership Interest  (slide 2 of 2) ,[object Object],[object Object],[object Object],[object Object]
Distributions ,[object Object],[object Object],[object Object],[object Object]
Passive Activity Losses  (slide 1 of 2) ,[object Object],[object Object],[object Object]
Passive Activity Losses  (slide 2 of 2) ,[object Object],[object Object],[object Object],[object Object],[object Object]
At-Risk Rules ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Special Allocations ,[object Object],[object Object],[object Object]
Disposition of a Business or  an Ownership Interest ,[object Object],[object Object],[object Object],[object Object]
Sale of Assets by Entity  —Seller’s Issues  (slide 1 of 3) ,[object Object],[object Object],[object Object],[object Object]
Sale of Assets by Entity  —Seller’s Issues  (slide 2 of 3) ,[object Object],[object Object],[object Object],[object Object]
Sale of Assets by Entity  —Seller’s Issues  (slide 3 of 3) ,[object Object],[object Object],[object Object],[object Object]
Liquidating Distribution of Assets to Owner Followed by Owner’s Sale to Third Party  (slide 1 of 3) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Liquidating Distribution of Assets to Owner Followed by Owner’s Sale to Third Party  (slide 2 of 3) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Liquidating Distribution of Assets to Owner Followed by Owner’s Sale to Third Party  (slide 3 of 3) ,[object Object],[object Object],[object Object],[object Object]
Purchase of Business Assets—Buyer’s Issues  (slide 1 of 2) ,[object Object],[object Object],[object Object]
Purchase of Business Assets—Buyer’s Issues  (slide 2 of 2) ,[object Object],[object Object],[object Object]
Sale of Business Interest—Seller’s Issues  (slide 1 of 3) ,[object Object],[object Object],[object Object],[object Object]
Sale of Business Interest—Seller’s Issues  (slide 2 of 3) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Sale of Business Interest— Seller’s Issues  (slide 3 of 3) ,[object Object],[object Object],[object Object],[object Object]
Purchase of Business Interest—Buyer’s Issues  (slide 1 of 3) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Purchase of Business Interest—Buyer’s Issues  (slide 2 of 3) ,[object Object],[object Object],[object Object]
Purchase of Business Interest—Buyer’s Issues  (slide 3 of 3) ,[object Object],[object Object],[object Object]
Refocus On The Big Picture  (slide 1 of 5) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Refocus On The Big Picture  (slide 2 of 5) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Refocus On The Big Picture  (slide 3 of 5) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Refocus On The Big Picture  (slide 4 of 5) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Refocus On The Big Picture  (slide 5 of 5) ,[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 1 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms   (slide 2 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 3 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 4 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 5 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 6 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 7 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 8 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 9 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 10 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 11 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 12 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 13 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 14 of 19) ,[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 15 of 19) ,[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 16 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 17 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 18 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Attributes of Different  Business Forms  (slide 19 of 19) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]

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