Both tax and nontax objectives should be considered when choosing the entity type for a new business.

Name: Both tax and nontax objectives should be considered when choosing the entity type for a new business.
Brand: Quizplus
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Quizplus · Accepted Answer

Both tax and nontax objectives should be considered when choosing the entity type for a new business as the choice of entity can have significant tax implications, as well as affect the management structure, liability protection, and ownership flexibility of the business.

Both Tax and Nontax Objectives Should Be Considered When Choosing