- 8 Marks
AT – Dec 2023 – L3 – Q2b – Tax planning
Discussing tax planning opportunities available to sole proprietorships that are not available to limited liability companies.
Question
Tax planning opportunities are available to all persons. All business units may not have the same tax planning opportunities, hence the need to carefully select a business unit that may provide the intended benefits to the owner or owners.
Required:
Discuss FOUR (4) tax planning opportunities available to sole proprietorships which may not be available to limited liability companies.
Find Related Questions by Tags, levels, etc.
- Tags: Corporate Taxation, Personal reliefs, Sole Proprietorship, Tax Benefits, Tax Planning
- Level: Level 3
- Topic: Tax planning
- Series: DEC 2023
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