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Business
Structure And Taxation
A Business is an activity that you
conduct for profit or with a reasonable expectation of profit. For GST purposes,
there is no requirement to have a reasonable expectation of profit. There are
four general types of business structures:
- Sole Proprietorships
- Partnerships
- Joint Ventures
- Corporations
The way your business is taxed has a lot to do with the way your business is
legally structured. Click HERE
for more discussion on Business
Structure.
Careful
planning with a Chartered Accountant
is warranted. Contact Keith
Anderson CA at (780) 447-5830 if you need advice.
Click For More:
Sole Proprietorship
Taxation of Sole Proprietorship
Partnerships
Taxation of
Partnerships
Tax Rate on Proprietorships and Partnerships
Joint Ventures
Taxation of Joint Ventures
Corporations
Taxation of Corporations
The Decision To Incorporate
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