Sentences with phrase «liability corporation created»

In total, he made 19 donations through 12 limited liability corporations he created that share the same address as his development company, state records show.

Not exact matches

But a loophole allows companies to create unlimited amounts of limited liability corporations known as LLCs that can each give up to $ 150,000 in campaign donations.

Cuomo appears to have given up on the state Legislature taking action to close the notorious LLC loophole, which allows wealthy donors to subvert campaign finance laws by creating multiple limited liability corporations that can each give more than $ 60,000 to a candidate's campaign.

It permits individuals and corporations to create Limited Liability Companies, or LLCs, to donate money and skirt existing donor limits.

The BOE issued a ruling that allowed limited liability corporations, or LLCs, to be treated as individual donors and individuals to donate unlimited funds to candidates for state - level offices by creating multiple LLCs.

The governor announced that he would seek an array of good government reforms from the State Legislature, a number of them familiar: preventing donors from circumventing contribution caps through the creation of shell limited liability corporations; enhancing personal financial disclosures; creating a public financing system; and instating constitutional amendments to establish term limits for Albany lawmakers (though not Cuomo and the current class of legislators), extend the legislative session from six months to year - round and ban outside income.

Create an L.L.C. (Limited liability corporation).

Once a property is fully - funded, RealtyShares creates a limited liability corporation (LLC) that gives each investor a direct ownership in the property but limits their personal liability.

The sale of assets used in a trade or business (Section 1231 Assets) at a loss generally creates an ordinary loss that the corporation can apply to offset current year taxable income, if any, thereby reducing current year tax liability.

We are Bodhi Surf Sociedad Anonima (or Bodhi Surf Limited Liability Corporation in English), a surf and yoga camp in Costa Rica, founded in 2010 by four friends with a shared vision to utilize our skills and passions to create positive change in the world.

«The UK and France will work together to encourage corporations to do more and abide by their social responsibility to step up their efforts to remove harmful content from their networks, including exploring the possibility of creating a new legal liability for tech companies if they fail to remove unacceptable content.

Moving away from a corporate structure is very difficult for law firms because of the immediate tax liability that could be created upon liquidation of the corporation, so firms that are currently taxed as corporations would generally have a significant tax burden to move to a partnership tax structure.

ICBC stands for the Insurance Corporation of British Columbia, the Provincially created auto insurance responsible for providing mandatory third party liability coverage.

The result of the case also creates greater potential exposure to directors and officers of corporations that have environmental liabilities.

A medical professional corporation allows a physician to create a separate legal entity, one that can own assets, incur liability,...

If the firm is to continue in a different form (e.g., become a limited liability partnership or law corporation) or a successor firm is to be created, Excess coverage may be available for the predecessor firm through the new firm's Excess insurance.

Creating special legal structures (including 501 (c)(2) and 501 (c)(25) title holding corporations that are available only to tax - exempt owners) to insulate the investor against liabilities arising from real property ownership and evaluating the restrictions on property eligible to be owned by such entities

A medical professional corporation allows a physician to create a separate legal entity, one that can own assets, incur liability,...

Once a property is fully - funded, RealtyShares creates a limited liability corporation (LLC) that gives each investor a direct ownership in the property but limits their personal liability.

Then, in 1977, the Wyoming state legislature created a new business form called the limited liability company, which was like an S corporation but with fewer rules.