An entity type describes the type of legal structure a business has. The entity type is important for tax and legal reasons. Examples of entity types are sole proprietorship, C corporation, S corporation, or limited liability corporation, i.e. an LLC. Persons are also considered an entity. D...
What Happens When The Government Behaves Like A Terrorist EntityAonduna Tondu
A governmentbond, also sometimes called atreasury bond, is asavings bondissued or sold by a government. The money obtained from bond sales is typically used to support government projects and activities. A government bond usually offers a fixedinterest rate, and at variable points of the term o...
Regulatory agencies are organizations that are charged with the process of overseeing the processes and procedures that are employed in the function of a given industry. In many cases, the regulatory agency is a department or division of a government entity, and is focused on setting and ...
partners of a partnership of certain kinds of professions. Tracing of interest Under the FATA, a substantial interest (or aggregate substantial interest) in an investor can be traced to a foreign government investor which is its ultimate holder. This means that indirect subsidiaries of a foreign ...
Title 26 of the Code of Federal Regulations (CFR), Sections301.7701-1through301.7701-3, the government created what are known as“Check the Box”regulations, allowing an LLC to choose how it would like to be taxed. The new law also gave birth to the concept of a Disregarded Entity LLC. ...
is experiencing a massive drive toward pushing privacy legislation at the state level. That’s because the federal government hasn’t been able to find a consensus on how to legislate broadly. Rather than wait, state lawmakers have been nudged by consumers, consumer advocates, and even companies...
Pan Helin, a researcher at Zhejiang University, said new productive forces have become a buzzword on local government agendas as China pivots to a growth model that prizes quality over quantity. "Chinese localities are under pressure in the economic transition. The new productive forces are expecte...
A trust is a legal entity with separate and distinct rights, similar to a person or corporation. In a trust, a party known as a trustor gives another party, the trustee, the right to hold title to and manage property or assets for the benefit of a third party, the beneficiary.1 ...
Command-based economiesdepend on a central government that controls the production levels, pricing, and distribution of goods. In such a system, the government owns industries deemed essential on behalf of the consumers who use them. Competition among companies is discouraged or banned. Prices are ...