Sentences with phrase «liability corporations owned»

The loophole allows multiple limited liability corporations owned by the same person to donate to candidates, thereby skirting regulations that cap donations from individuals at a certain amount per election cycle.

Not exact matches

In many situations, the limited liability protection from an LLC or corporation will not shield you from being liable for your own personal negligence.

For example, the form shows Mr. Kushner is retaining a stake in a limited liability corporation that owns a Trump - branded luxury rental high - rise building in Jersey City worth as much as $ 5 million.

Corporate taxes: corporate income tax returns, including total assets, credits and deductions, and tax liability for both domestic and foreign owned and controlled corporations.

The «pass - through» business income rate applies to income from entities like like S - corporations and limited - liability companies (LLCs) that do not pay their own taxes, but pass their income through to their owners, who then pay tax on that income on their individual income tax returns.

Establishing your business as a sole proprietorship, a partnership or a corporation will affect the type of funding you are able to raise, your own personal liability, how the business is taxed, and more.

We noted that the attraction of the corporation as a way of doing business stemmed chiefly from the limited liability of those who owned it.

State elections law treats limited liability companies, which are essentially paper companies that have their own bank accounts, as separate entities from their parent corporations.

«A condominium corporation's insurance will cover the building and the common elements, like elevators or front lobby, but the condo owner must insure their own unit, personal items and protect themselves against liability if they are responsible for damage caused to a neighbour's unit.»

The plaintiff's attorney cites a number of different legal cases to support the finding that Smith should be held personally liable for his negligence: «It is well settled that an individual member of a limited liability company or an office of a corporation may be individual liable for his or her own torts, including negligence.»

«A corporate agent can not shield himself from personal liability for a tort he personally commits or participates in by hiding behind the corporate entity; if he is shown to have been acting for the corporation, the corporation also may be held liable, but the individual is not thereby relieved of his own responsibility.»

Apparently one of the early mistakes I made when purchasing my rental properties was buying them under my name instead of forming a Limited Liability Corporation to own them.

Accordingly, you transmit information at your own risk and Loving Pets Corporation assumes no responsibility or liability for disclosure of your information due to errors in transmission, unauthorized or illegal access or other causes beyond Loving Pets Corporation reasonable control.Disclosure of Information in Public Areas Personally identifiable information that you disclose in a public area of the Loving Pets Website, such as our share your story, may be collected and used by others who may then send you messages or other communications that you do not want to receive.

Pluto 13 GmbH is a privately owned limited liability corporation under German law, all shares are held by staff and management.

It allows corporations to enter into contracts in their own right and protects shareholders from personal liability relating to the actions of the corporation.

Shareholders (i.e., owners) have limited liability for the debts of the corporation, but officers can be held responsible for their own actions.

GRAHAM CLARK PROFESSIONAL CORPORATION OPERATING AS GRAHAM T. CLARK, CRIMINAL LAWYER («Graham T. Clark, Criminal Lawyer») DOES NOT ACCEPT ANY LIABILITY FOR YOUR USE OF THIS WEBSITE, WHICH USE IS STRICTLY AT YOUR OWN RISK.

For the most part, however, because enforcing debts against state governments is so difficult, transactions are structured as much as possible to prevent the need to enforce debts in that way through (1) legal limitations on governmental liability, (2) legislative budget rules requiring interest on debt and currently due principal payments to be made first, (3) third - party bonding of state and local governmental construction projects, (4) the creation of publicly owned corporations whose debts can only be collected out of the corporation's assets and revenues, and (5) avoidance of trade credit obligations by paying bills in cash.

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

He advises large national corporations on complex litigation in the areas of product liability defense, mass tort defense, class action and multidistrict litigation, as well as regional companies and locally owned concerns, in court cases in both state and federal systems.

If you already own rental property, you will be required to transfer the title of the property to your LLC or corporation in order to gain liability protection.

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

The Corporation's book value shall be equal to the excess of the book value of the total assets of the Corporation, including any proceeds of insurance policies / excluding the proceeds of any insurance policies owned by the Corporation on the lives of its shareholders, over the book value of the Corporation's total liabilities, excluding the Corporation's liability under this Agreement to purchase the shares for which the purchase price is being measured, based on the Corporation's books and records.

Consumers who buy commercial policies are often required by law to operate under this coverage because; they are using their vehicle to transport goods or conduct services for payment, there are higher liability risks due to the type of work they are performing, or if employees are operating a vehicle that is owned by a corporation or business.

Compare.com is a limited liability corporation headquartered in Richmond, Virginia majority owned by the Admiral Group, LLC, the U.K.'s second largest auto insurer and a member of the FTSE 100.

If you operate your own business, and are classified as a corporation (as opposed to a Limited Liability Corporation or Sole Proprietorship), you will have to pay double the tax amount — for you as a worker and for yocorporation (as opposed to a Limited Liability Corporation or Sole Proprietorship), you will have to pay double the tax amount — for you as a worker and for yoCorporation or Sole Proprietorship), you will have to pay double the tax amount — for you as a worker and for your company.

Compare.com is a limited liability corporation headquartered in Richmond, Virginia, majority owned by the Admiral Group, the UK's second largest auto insurer.

For example, the form shows Mr. Kushner is retaining a stake in a limited liability corporation that owns a Trump - branded luxury rental high - rise building in Jersey City worth as much as $ 5 million.

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

A corporation may acquire, hold and dispose of property, including communal property; sue and be sued in its own right; can continue to exist even if its membership changes over time; and may protect its members from personal liability for acts undertaken by the corporation.

A natural person, a corporation through its officers, a partnership through its partners or a limited liability company through its members or managers that deals in selling, exchanging, purchasing, renting, leasing, managing or pledging the person's or entity's own property, including cemetery property and membership camping contracts, and that does not receive special compensation for a sales transaction or does not receive special compensation or other consideration including property management fees or consulting fees for any property management services performed, if the majority of an officer's, partner's, member's or manager's activities do not involve the acts of a real estate broker,

For Investors who want to enjoy the liability protection, tax benefits, and insulation offered by owning real estate through a Corporation, often hard money can be one of the best (and sometimes only) choices.

The withwre.com website (the Site) is owned and operated by Windermere Real Estate Services Company, a Washington corporation doing business as Windermere Services Co., and Windermere Solutions, LLC, a Washington limited liability company (collectively «Windermere»).

If the property was owned prior to closing by a limited liability corporation (LLC) that is majority - owned or controlled by the borrower (s), the time it was held by the LLC may be counted towards meeting the borrower's six month ownership requirement.