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A form of business ownership that provides limited liability, as in a corporation, but is taxed like a partnership is a(n)?

Sagot :

A form of business ownership that provides limited liability, as in a corporation, but is taxed like a partnership is a(n) limited liability company (LLC).

What Is a Limited Liability Company (LLC)?

In the United States, a limited liability company (LLC) is a type of corporate structure that shields its owners from being held personally liable for the obligations of the firm. Limited liability companies are hybrid legal entities with traits shared by corporations, partnerships, and sole proprietorships.

The provision of flow-through taxes to the members of an LLC is a feature of a partnership rather than an LLC, despite the fact that the limited liability aspect is similar to that of a corporation.

A corporate form known as a limited liability company (LLC) shields its owners from being held personally liable for the obligations of the company.

To learn more about limited liability company from given link

https://brainly.com/question/9503055

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