menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 38: Limited Liability Companies and Special Business Forms
  5. Question
    Unless a Limited Liability Company Indicates Otherwise, the Internal Revenue
Solved

Unless a Limited Liability Company Indicates Otherwise, the Internal Revenue

Question 64

Question 64

True/False

Unless a limited liability company indicates otherwise, the Internal Revenue Service automatically taxes it as a partnership.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q21: Commerce & Trade Corporation and Distance Shipping

Q31: Greenway Corporation and Happy Trails Inc. combine

Q38: For federal income tax purposes, one-member limited

Q39: Licensed fishing outfits in Bayou City form

Q52: Limited liability companies are entities apart from

Q59: Members of a limited liability company (LLC)

Q65: Unless otherwise agreed, joint venturers have an

Q66: A limited liability company is a citizen

Q67: To form a limited liability company, articles

Q69: Joint venturers do not have the authority

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines