Alternative Forms of Business Structure
There are four common types of business structures. They are sole proprietorships, partnerships, corporations, and joint ventures. Some of these structures can be combined to effect advantageous income tax results. Each has different and important implications for liability, taxation and business succession.
Careful planning with a Chartered Professional Accountant is warranted. Contact Keith Anderson, BCom, CPA, CA-IT, CITP at (780) 447-5830 if you need advice.
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