Corporation or LLC? Business Organizations for Tech Startups.
YoungUpstarts
AUGUST 25, 2015
Owners of corporations also pay taxes when they are paid dividends or profit from sale of the stock, which is why it is common to say that corporations are “double-taxed.” While this isn’t an impossible task, it can be an expensive hassle and force you to wait longer for the sale to be completed. Verdict : Corporation.
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