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    Business
  3. Study Set
    Effective Small Business Management
  4. Exam
    Exam 3: Choosing a Form of Ownership
  5. Question
    LLP Does Pay Taxes as a Corporation and Its Income
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LLP Does Pay Taxes as a Corporation and Its Income

Question 78

Question 78

True/False

LLP does pay taxes as a corporation and its income is not passed through to the limited partners.

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